2015 US Code
Title 45 - Railroads (Sections 1 - 1347)
Chapter 15 - Emergency Rail Services (Sections 661 - 669)
Sec. 668 - Guarantee fees; amount; deposit
Publication Title | United States Code, 2012 Edition, Supplement 3, Title 45 - RAILROADS |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 45 - RAILROADS CHAPTER 15 - EMERGENCY RAIL SERVICES Sec. 668 - Guarantee fees; amount; deposit |
Contains | section 668 |
Date | 2015 |
Laws In Effect As Of Date | January 3, 2016 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 91-663, §9, Jan. 8, 1971, 84 Stat. 1978. |
Statutes at Large Reference | 84 Stat. 1978 |
Public and Private Law | Public Law 91-663 |
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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.)
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