15 USC § 1842 - Authority for loan guarantees; terms and conditions

---
identifier: "/us/usc/t15/s1842"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 1842 - Authority for loan guarantees; terms and conditions"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "1842"
section_name: "Authority for loan guarantees; terms and conditions"
chapter_number: 45
chapter_name: "EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 92–70, § 3, Aug. 9, 1971, 85 Stat. 178.)"
---


# § 1842. Authority for loan guarantees; terms and conditions

The Board, on such terms and conditions as it deems appropriate, may guarantee, or make commitments to guarantee, lenders against loss of principal or interest on loans that meet the requirements of this chapter.

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**Source Credit**: (Pub. L. 92–70, § 3, Aug. 9, 1971, 85 Stat. 178.)