---
kind: "section"
citation: "15 U.S.C. § 1847"
title: "15"
title_heading: "Commerce and Trade"
number: "1847"
heading: "Maximum obligation"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/1847"
units:
  - "Chapter 45 — Emergency Loan Guarantees to Business Enterprises"
---

# §1847. Maximum obligation


The maximum obligation of the Board under all outstanding loans guaranteed by it shall not exceed at any time $250,000,000.


## Source credit

(Pub. L. 92–70, § 8, Aug. 9, 1971, 85 Stat. 181.)