Code of Federal Regulations (alpha)

CFR /  Title 24  /  Part 1000  /  Sec. 1000.412 Can an issuer obtain a guarantee for more than one

Yes. To obtain multiple guarantees, the issuer shall demonstrate that:

(a) The issuer will not exceed a total for all notes or other obligations in an amount equal to five times its grant amount, excluding any amount no longer owed on existing notes or other obligations; and

(b) Issuance of additional notes or other obligations is within the financial capacity of the issuer.