---
kind: "section"
citation: "14 C.F.R. § 1300.13"
title: "14"
number: "1300.13"
heading: "Guarantee amount."
url: "https://uscodex.org/cfr/14/1300.13"
---

# §1300.13. Guarantee amount.

- (a) Under Section 101(a)(1) of the Act, the Board is authorized to enter into agreements to issue Federal credit instruments that, in the aggregate, do not exceed $10 billion.
- (b) The loan amount guaranteed to a single air carrier may not exceed that amount that, in the Board's sole discretion, the air carrier (or its successor) needs in order for it to provide commercial air services.

## Notes

### Authority

Authority: Title I of Pub. L. 107-42, 115 Stat. 230 (49 U.S.C. 40101 note).

### Source

Source: 66 FR 52272, Oct. 12, 2001, unless otherwise noted.