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2016 US Code
Title 49 - Transportation
Subtitle V - Rail Programs
Part C - Passenger Transportation
Chapter 244 - Rail Improvement Grants
Sec. 24404 - Use of capital grants to finance first-dollar liability of grant project
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| 49 U.S.C. § 24404 (2016) |
| §24404. Use of capital grants to finance first-dollar liability of grant project |
|
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.) |
| United States Code, 2012 Edition, Supplement 4, Title 49 - TRANSPORTATION |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 49 - TRANSPORTATION SUBTITLE V - RAIL PROGRAMS PART C - PASSENGER TRANSPORTATION CHAPTER 244 - RAIL IMPROVEMENT GRANTS Sec. 24404 - Use of capital grants to finance first-dollar liability of grant project |
| section 24404 |
| 2016 |
| January 6, 2017 |
| Yes |
| standard |
| 122 Stat. 4942 |
| Public Law 110-432 |
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