StacksVerified U.S. regulatory reference

31 CFR §50.110

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Pursuant to section 103 of the Act, if the aggregate insured losses exceed $100,000,000,000 during a calendar year:
  1. (a)The Secretary shall not make any payment for any portion of the amount of such losses that exceeds $100,000,000,000;
  2. (b)An insurer that has met its insurer deductible shall not be liable for the payment of any portion of the amount of such losses that exceeds $100,000,000,000; and
  3. (c)The Secretary shall determine the pro rata share of insured losses to be paid by each insurer that incurs insured losses under the Program.