45 U.S.C. § 668

§668. Guarantee fees; amount; deposit

Edition 2024

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

United States Code, 2024 Edition

Title 45 - RAILROADS

CHAPTER 15 - EMERGENCY RAIL SERVICES

Sec. 668 - Guarantee fees; amount; deposit

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

§668. Guarantee fees; amount; deposit

The Secretary shall prescribe a guarantee fee in connection with each loan guaranteed under this chapter which shall be collected from the railroad upon repayment of the loan guaranteed. Such fee shall be in an amount that the Secretary estimates to be necessary to cover the administrative costs of carrying out the provisions of this chapter with respect to such loan. Sums realized from such fees shall be deposited in the Treasury as miscellaneous receipts.

(Pub. L. 91–663, §9, Jan. 8, 1971, 84 Stat. 1978.)

Official source