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Code · STATUTE-COMPILATIONS · Rock Island Railroad Transition and Employee Assistance Act · Sec. 122

Sec. 122. temporary operating approval

208 words·~1 min read·/statute-compilations/comps-1803/sec-122

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## Sec. 122 temporary operating approval ###
(a)The Commission may authorize any rail carrier willing to do so voluntarily to use the tracks and facilities of a carrier which, on the date of enactment of the Bankrupt Railroad Service Preservation and Employee Protection Act of 1982, was the subject of a proceeding pending under section 77 of the Bankruptcy Act or under subchapter IV of chapter 11 of title 11, United States Code. The use of such tracks and facilities shall be under such terms of compensation as the carriers establish between themselves, or if the carriers are unable to agree, under such terms of compensation as the Commission finds to be reasonable. The Commission shall have authority to authorize continued rail service under this section over the lines of any such carrier which has been ordered by the court having jurisdiction over such a carrier to liquidate its properties until the disposition of the properties of the estate of such carrier. ###
(b)In carrying out the provisions of this section, the Commission shall require, to the maximum extent practicable, the use of the employees who would normally have performed work in connection with the traffic subject to the action of the Commission. **[**[45 U.S.C. 1017](/us/usc/t45/s1017)**]**
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Sec. 122
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