14 CFR § 1310.3 - Authority of the Board.

---
identifier: "/us/cfr/t14/s1310.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "14 CFR § 1310.3 - Authority of the Board."
title_number: 14
title_name: "Aeronautics and Space"
section_number: "1310.3"
section_name: "Authority of the Board."
chapter_name: "AIR TRANSPORTATION SYSTEM STABILIZATION"
subchapter_number: "B"
subchapter_name: "AIR TRANSPORTATION STABILIZATION BOARD"
part_number: "1310"
part_name: "AIR CARRIER GUARANTEE LOAN PROGRAM ADMINISTRATIVE REGULATIONS AND AMENDMENT OR WAIVER OF A TERM OR CONDITION OF GUARANTEED LOAN"
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: "67 FR 17259, Apr. 9, 2002, unless otherwise noted."
cfr_part: "1310"
---


# 1310.3 Authority of the Board.

Pursuant to the provisions of the Act, the Board is authorized to guarantee loans provided to airlines by eligible lenders in accordance with the procedures, rules, and regulations established by the Board, to make the determinations authorized by the Act, and to take such other actions as necessary to carry out its functions specified in the Act.