---
type: "LegalText"
title: "15 U.S.C. § 1847"
description: "Maximum obligation"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 15
title_name: "COMMERCE AND TRADE"
chapter_number: "45"
chapter_name: "EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES"
section: "1847"
citation: "15 U.S.C. § 1847"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip"
source_identifier: "/us/usc/t15/s1847"
source_file: "data/legal/raw/us/code/title-15/usc15.xml"
source_hash: "375eb8ef20d290f844617cb82e8ff5ae39ba80f5f8187e0765c14620bd93f50f"
raw_snapshot_hash: "6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059"
text_hash: "915025aa52e4cbe5b0c80e12996e4770e7e2b1d3ab7c2134233ea315e3441879"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 15 U.S.C. § 1847 - Maximum obligation

## Text

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

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