14 CFR § 1300.13 - Guarantee amount.

---
identifier: "/us/cfr/t14/s1300.13"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "14 CFR § 1300.13 - Guarantee amount."
title_number: 14
title_name: "Aeronautics and Space"
section_number: "1300.13"
section_name: "Guarantee amount."
chapter_name: "AIR TRANSPORTATION SYSTEM STABILIZATION"
subchapter_number: "A"
subchapter_name: "OFFICE OF MANAGEMENT AND BUDGET"
part_number: "1300"
part_name: "AVIATION DISASTER RELIEF—AIR CARRIER GUARANTEE LOAN PROGRAM"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Title I of Pub. L. 107-42, 115 Stat. 230 (49 U.S.C. 40101 note)."
regulatory_source: "66 FR 52272, Oct. 12, 2001, unless otherwise noted."
cfr_part: "1300"
---


# 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.

(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.