---
kind: "section"
citation: "31 C.F.R. § 50.110"
title: "31"
number: "50.110"
heading: "Cap on annual liability."
url: "https://uscodex.org/cfr/31/50.110"
---

# §50.110. Cap on annual liability.


Pursuant to section 103 of the Act, if the aggregate insured losses exceed $100,000,000,000 during a calendar year:

- (a) The Secretary shall not make any payment for any portion of the amount of such losses that exceeds $100,000,000,000;
- (b) An insurer that has met its insurer deductible shall not be liable for the payment of any portion of the amount of such losses that exceeds $100,000,000,000; and
- (c) The Secretary shall determine the pro rata share of insured losses to be paid by each insurer that incurs insured losses under the Program.

## Notes

### Authority

Authority: 5 U.S.C. 301; 31 U.S.C. 321; Title I, Pub. L. 107-297, 116 Stat. 2322, as amended by Pub. L. 109-144, 119 Stat. 2660, Pub. L. 110-160, 121 Stat. 1839, Pub. L. 114-1, 129 Stat. 3, and Pub. L. 116-94, 133 Stat. 2534 (15 U.S.C. 6701 note); Pub. L. 114-74, 129 Stat. 601, Title VII (28 U.S.C. 2461 note).

### Source

Source: 81 FR 93765, Dec. 21, 2016, unless otherwise noted.