45 U.S.C. § 668 — Guarantee fees; amount; deposit

FEDERAL · 45 U.S.C. · Chapter 15

Guarantee fees; amount; deposit

45 U.S.C. § 668

Chapter15 — EMERGENCY RAIL SERVICES

This text of 45 U.S.C. § 668 (Guarantee fees; amount; deposit) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

45 U.S.C. § 668.

Text

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.

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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.

Source Credit

History

(Pub. L. 91–663, §9, Jan. 8, 1971, 84 Stat. 1978.)

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Bluebook (online)

45 U.S.C. § 668, Counsel Stack Legal Research, https://law.counselstack.com/usc/45/668.