§ 400.203 - Guarantee percentage.  


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  • § 400.203 Guarantee percentage.

    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]