Code of Federal Regulations · Section
§ 232.302 — 232.302 Authority
48 C.F.R. § 232.302
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(a) The use of guaranteed loans as a contract financing mechanism requires the availability of certain congressional authority. The DoD has not requested such authority in recent years, and none is now available.
Authorizing Statute
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Functions and authority41 U.S.C. § 1303