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LegalText 15 U.S.C. § 9041 Definitions us united_states_code code_section 15 COMMERCE AND TRADE 116 CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT) 9041 15 U.S.C. § 9041 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s9041 data/legal/raw/us/code/title-15/usc15.xml a7b339afa7314af52fba1bfd9c6460532018c7c2ef0f15c48a50dc851828a21b 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 db53facbc228868e25bf6dfd61dc7f416d409d416d815ed61522da12448375d9 2026-07-04 official
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15 U.S.C. § 9041 - Definitions

Text

In this part:

(1) Air carrier The term “air carrier” has the meaning such term has under section 40102 of title 49.

(2) Coronavirus The term “coronavirus” means SARSCoV2 or another coronavirus with pandemic potential.

(3) Covered loss The term “covered loss” includes losses incurred directly or indirectly as a result of coronavirus, as determined by the Secretary.

(4) Eligible business The term “eligible business” means—

(A) an air carrier; or

(B) a United States business that has not otherwise received adequate economic relief in the form of loans or loan guarantees provided under this Act.

(5) Employee Except where the context otherwise requires, the term “employee”—

(A) has the meaning given the term in section 152 of title 29; and

(B) includes any individual employed by an employer subject to the Railway Labor Act (45 U.S.C. 151 et seq.).

(6) Equity security; exchange The terms “equity security” and “exchange” have the meanings given the terms in section 78c(a) of this title.

(7) Municipality The term “municipality” includes—

(A) a political subdivision of a State, and

(B) an instrumentality of a municipality, a State, or a political subdivision of a State.

(8) National securities exchange The term “national securities exchange” means an exchange registered as a national securities exchange under section 78f of this title.

(9) Secretary The term “Secretary” means the Secretary of the Treasury, or the designee of the Secretary of the Treasury.

(10) State The term “State” means—

(A) any of the several States;

(B) the District of Columbia;

(C) any of the territories and possessions of the United States;

(D) any bi-State or multi-State entity; and

(E) any Indian Tribe.

(11) Aerospace-related businesses critical to maintaining national security The term “businesses critical to maintaining national security” means those businesses that manufacture or produce aerospace-related products, civil or defense, including those that design, integrate, assemble, supply, maintain, and repair such products, and other businesses involved in aerospace-related manufacturing or production as further defined by the Secretary, in consultation with the Secretary of Defense and the Secretary of Transportation. For purposes of the preceding sentence, aerospace-related products include, but are not limited to, components, parts, or systems of aircraft, aircraft engines, or appliances for inclusion in an aircraft, aircraft engine, or appliance.

(Pub. L. 116136, div. A, title IV, § 4002, Mar. 27, 2020, 134 Stat. 469; Pub. L. 116260, div. N, title IV, § 412(c), Dec. 27, 2020, 134 Stat. 2061.)

Notes

Editorial Notes

References in TextThis part, referred to in text, was in the original “this subtitle”, meaning subtitle A (§§ 40014029) of title IV of div. A of Pub. L. 116136, known as the Coronavirus Economic Stabilization Act of 2020, which is classified principally to this part. For complete classification of subtitle A to the Code, see section 4001 of Pub. L. 116136, set out as a Short Title note under section 9001 of this title, and Tables. This Act, referred to in par. (4)(B), probably means subtitle A (§§ 40014029) of title IV of div. A of Pub. L. 116136, known as the Coronavirus Economic Stabilization Act of 2020, which is classified principally to this part. For complete classification of this Act to the Code, see section 4001 of Pub. L. 116136, set out as a Short Title note under section 9001 of this title, and Tables. The Railway Labor Act, referred to in par. (5)(B), is act May 20, 1926, ch. 347, 44 Stat. 577, which is classified principally to chapter 8 (§ 151 et seq.) of Title 45, Railroads. For complete classification of this Act to the Code, see section 151 of Title 45 and Tables.

Amendments2020—Par. (11). Pub. L. 116260 added par. (11).