45 U.S.C. § 1302

§1302. Purposes

Edition 2024

U.S.C. Title 45 - RAILROADS
45 U.S.C.

United States Code, 2024 Edition

Title 45 - RAILROADS

CHAPTER 22 - CONRAIL PRIVATIZATION

SUBCHAPTER I - GENERAL PROVISIONS

Sec. 1302 - Purposes

From the U.S. Government Publishing Office, www.gpo.gov

§1302. Purposes

The purposes of this chapter are to transfer the interest of the United States in the common stock of the Corporation to the private sector in a manner that provides for the long-term viability of the Corporation, provides for the continuation by the Corporation of its rail service in the Northeast and Midwest, provides for the protection of the public interest in a sound rail transportation system, and, to the extent not inconsistent with such purposes, secures the maximum proceeds to the United States.

(Pub. L. 99–509, title IV, §4003, Oct. 21, 1986, 100 Stat. 1893.)

Official source