[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR32.302]

[Page 636]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 32_CONTRACT FINANCING--Table of Contents
 
           Subpart 32.3_Loan Guarantees for Defense Production
 
Sec.  32.302  Authority.

    Congress has authorized Federal Reserve Banks to act, on behalf of 
guaranteeing agencies, as fiscal agents of the United States in the 
making of loan guarantees for defense production (Section 301, Defense 
Production Act of 1950 (50 U.S.C. App. 2091)). By Executive Order 10480, 
August 14, 1953 (3 CFR 1949-53), as amended, the President has 
designated the following agencies as guaranteeing agencies:
    (a) Department of Defense.
    (b) Department of Energy.
    (c) Department of Commerce.
    (d) Department of the Interior.
    (e) Department of Agriculture.
    (f) General Services Administration.
    (g) National Aeronautics and Space Administration.