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§ 400.203 Guarantee percentage.

13 CFR 400.203

Citation13 CFR 400.203
CorpusDaily eCFR
Displayed edition2026-06-26
Last updated2026-06-26

§ 400.203 Guarantee percentage.

A guarantee issued by the Board may not exceed 85 percent of the amount of the principal of a loan to a Qualified Steel Company. Subject to the provisions of this part, one or more third parties, public or private, may guarantee repayment of part of the Unguaranteed Portion of a loan guaranteed by the Board.

[66 FR 53080, Oct. 19, 2001]