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2021 US Code
Title 49 - Transportation
Subtitle V - Rail Programs
Part B - Assistance
Chapter 229 - Rail Improvement Grants
Sec. 22904 - Use of capital grants to finance first-dollar liability of grant project
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| 49 U.S.C. § 22904 (2021) |
| §22904. Use of capital grants to finance first-dollar liability of grant project |
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Notwithstanding the requirements of section 22902 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. |
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(Added Pub. L. 110–432, div. B, title III, §301(a), Oct. 16, 2008, 122 Stat. 4942, §24404; renumbered §22904 and amended Pub. L. 115–420, §7(a)(1), (b)(2)(B), Jan. 3, 2019, 132 Stat. 5445, 5446.) |
| EDITORIAL NOTES
AMENDMENTS
2019—Pub. L. 115–420 renumbered section 24404 of this title as this section and substituted "section 22902" for "section 24402". |
| United States Code, 2018 Edition, Supplement 3, Title 49 - TRANSPORTATION |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 49 - TRANSPORTATION SUBTITLE V - RAIL PROGRAMS PART B - ASSISTANCE CHAPTER 229 - RAIL IMPROVEMENT GRANTS Sec. 22904 - Use of capital grants to finance first-dollar liability of grant project |
| section 22904 |
| 2021 |
| January 3, 2022 |
| Yes |
| standard |
| 122 Stat. 4942 132 Stat. 5445 |
| Public Law 110-432, Public Law 115-420 |
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