Title 45 — Railroads
Part A · Chapter 22 — Conrail Privatization
§ 1313. Fees
Statutory text
Investment banking firm fees
The Secretary of Transportation, in consultation with the Secretary of the Treasury, shall agree to pay to investment banking firms and other persons participating with such firms in the public offering the absolute minimum amount in fees necessary to carry out the public offering.
Costs of public offering
All costs of the public offering payable by the Secretary of Transportation shall be paid from the proceeds of the public offering.
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 § 4013 · 100 Stat. 1874
Enacted · 45 U.S.C. § 1313
(Pub. L. 99–509, title IV, § 4013, Oct. 21, 1986, 100 Stat. 1897.)
Source evidence
Code source credit
(Pub. L. 99–509, title IV, § 4013, Oct. 21, 1986, 100 Stat. 1897.)Enacted provision · exact public law section
SEC. 4013. FEES. (a) Investment Banking Firm Fees.— The Secretary of Transportation, in consultation with the Secretary of the Treasury, shall agree to pay to investment banking firms and other persons participating with such firms in the public offering the absolute minimum amount in fees necessary to carry out the public offering. (b) Costs of the Public Offering.— All costs of the public offering payable by the Secretary of Transportation shall be paid from the proceeds of the public offering.
1 of 1 references resolved to an enrolled provision