Title 45 — Railroads
Chapter 22 — Conrail Privatization
§ 1302. Purposes
Statutory text
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.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Conrail Privatization Act
Pub. L. 99–509 title IV § 4003 · 100 Stat. 1874
Enacted · 45 U.S.C. § 1302
(Pub. L. 99–509, title IV, § 4003, Oct. 21, 1986, 100 Stat. 1893.)
Source evidence
Code source credit
(Pub. L. 99–509, title IV, § 4003, Oct. 21, 1986, 100 Stat. 1893.)Enacted provision · exact public law section
SEC. 4003. PURPOSES. The purposes of this subtitle 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.
1 of 1 references resolved to an enrolled provision