Tax payer protection

  1. Law
  2. USC 15
  3. Commerce And Trade
  4. CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT)
  5. ECONOMIC STABILIZATION AND ASSISTANCE TO SEVERELY DISTRESSED SECTORS OF THE UNITED STATES ECONOMY
  6. Air Carrier Worker Support
  7. Tax payer protection

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§9077. Tax payer protection

The Secretary may receive warrants, options, preferred stock, debt securities, notes, or other financial instruments issued by recipients of financial assistance under this part which, in the sole determination of the Secretary, provide appropriate compensation to the Federal Government for the provision of the financial assistance.

( Pub. L. 116–136, div. A, title IV, §4117, Mar. 27, 2020, 134 Stat. 500 .)


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