45 U.S.C. § 663 — Inspection of accounts, books, etc., of railroad receiving financial assistance

FEDERAL · 45 U.S.C. · Chapter 15

Inspection of accounts, books, etc., of railroad receiving financial assistance

Current through Pub. L. 119-102

Title 45 — Railroads·Ch. 15 — EMERGENCY RAIL SERVICES

The Secretary is authorized to, and shall as necessary, inspect and copy all accounts, books, records, memorandums, correspondence, and other documents of any railroad which has received financial assistance under this chapter concerning any matter which may bear upon (1) the ability of such railroad to repay the loan within the time fixed therefor, (2) the interest of the United States in the property of such railroad, and (3) to insure that the purpose of this chapter is being carried out.

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The Secretary is authorized to, and shall as necessary, inspect and copy all accounts, books, records, memorandums, correspondence, and other documents of any railroad which has received financial assistance under this chapter concerning any matter which may bear upon (1) the ability of such railroad to repay the loan within the time fixed therefor, (2) the interest of the United States in the property of such railroad, and (3) to insure that the purpose of this chapter is being carried out.

45 U.S.C. § 663 (Inspection of accounts, books, etc., of railroad receiving financial assistance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 91–663, §4, Jan. 8, 1971, 84 Stat. 1976.)