§ 400.203. Guarantee percentage.
62 words·~1 min read·
/us/cfr/t13/s§ 400.203·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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. \[66 FR 53080, Oct. 19, 2001\]