---
kind: "section"
citation: "13 C.F.R. § 400.203"
title: "13"
number: "400.203"
heading: "Guarantee percentage."
url: "https://uscodex.org/cfr/13/400.203"
---

# §400.203. Guarantee percentage.


A guarantee issued by the Board may not exceed 85 percent of the amount of the principal of a loan to a Qualified Steel Company. Subject to the provisions of this part, one or more third parties, public or private, may guarantee repayment of part of the Unguaranteed Portion of a loan guaranteed by the Board.


## Notes

### Amendments

[66 FR 53080, Oct. 19, 2001]

### Authority

Authority: Pub. L. 106-51, 113 Stat. 252 (15 U.S.C. 1841 note); Pub. L. 106-102, 113 Stat. 1338.

### Source

Source: 64 FR 57933, Oct. 27, 1999, unless otherwise noted.

### Amendments

[66 FR 53080, Oct. 19, 2001]