[Code of Federal Regulations]

[Title 14, Volume 5]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 14CFR1300.13]



[Page 523-524]

 

                     TITLE 14--AERONAUTICS AND SPACE

 

           CHAPTER VI--AIR TRANSPORTATION SYSTEM STABILIZATION

 

PART 1300_AVIATION DISASTER RELIEF_AIR CARRIER GUARANTEE LOAN PROGRAM

--Table of Contents

 

        Subpart B_Minimum Requirements and Application Procedures

 

Sec. 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.



[[Page 524]]



    (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.