15 USC § 1847 - Maximum obligation

---
identifier: "/us/usc/t15/s1847"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 1847 - Maximum obligation"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "1847"
section_name: "Maximum obligation"
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, § 8, Aug. 9, 1971, 85 Stat. 181.)"
---


# § 1847. Maximum obligation

The maximum obligation of the Board under all outstanding loans guaranteed by it shall not exceed at any time $250,000,000.

---

**Source Credit**: (Pub. L. 92–70, § 8, Aug. 9, 1971, 85 Stat. 181.)