2012 US Code
Title 49 - Transportation
Subtitle V - RAIL PROGRAMS (§§ 20101 - 28505)
Part C - PASSENGER TRANSPORTATION (§§ 24101 - 24910)
Chapter 244 - INTERCITY PASSENGER RAIL SERVICE CORRIDOR CAPITAL ASSISTANCE (§§ 24401 - 24406)
Section 24404 - Use of capital grants to finance first-dollar liability of grant project
| Publication Title | United States Code, 2012 Edition, Title 49 - TRANSPORTATION |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 49 - TRANSPORTATION SUBTITLE V - RAIL PROGRAMS PART C - PASSENGER TRANSPORTATION CHAPTER 244 - INTERCITY PASSENGER RAIL SERVICE CORRIDOR CAPITAL ASSISTANCE Sec. 24404 - Use of capital grants to finance first-dollar liability of grant project |
| Contains | section 24404 |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | Yes |
| Disposition | standard |
| Source Credit | Added Pub. L. 110-432, div. B, title III, §301(a), Oct. 16, 2008, 122 Stat. 4942. |
| Statutes at Large Reference | 122 Stat. 4942 |
| Public Law Reference | Public Law 110-432 |
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Notwithstanding the requirements of section 24402 of this chapter, the Secretary of Transportation may approve the use of a capital assistance grant under this chapter to fund self-insured retention of risk for the first tier of liability insurance coverage for rail passenger service associated with the grant, but the coverage may not exceed $20,000,000 per occurrence or $20,000,000 in aggregate per year.
(Added Pub. L. 110–432, div. B, title III, §301(a), Oct. 16, 2008, 122 Stat. 4942.)
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