FEDERAL · 49 U.S.C. · Chapter 229
Use of capital grants to finance first-dollar liability of grant project
49 U.S.C. § 22904
Title49 — Transportation
Chapter229 — RAIL IMPROVEMENT GRANTS
This text of 49 U.S.C. § 22904 (Use of capital grants to finance first-dollar liability of grant project) 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
49 U.S.C. § 22904.
Text
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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Related
§ 22902
49 U.S.C. § 22902
Source Credit
History
(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
Editorial Notes
Amendments
2019—Pub. L. 115–420 renumbered section 24404 of this title as this section and substituted "section 22902" for "section 24402".
Amendments
2019—Pub. L. 115–420 renumbered section 24404 of this title as this section and substituted "section 22902" for "section 24402".
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Bluebook (online)
49 U.S.C. § 22904, Counsel Stack Legal Research, https://law.counselstack.com/usc/49/22904.