Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

Code · U.S. Code · Title 49 - TRANSPORTATION · CHAPTER 109— LICENSING · § 10902

§ 10902. Short line purchases by Class II and Class III rail carriers

395 words·~2 min read·/usc/title-49/section-10902

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)A Class II or Class III rail carrier providing transportation subject to the jurisdiction of the Board under this part may acquire or operate an extended or additional rail line under this section only if the Board issues a certificate authorizing such activity under subsection (c).
(b)A proceeding to grant authority under subsection
(a)of this section begins when an application is filed. On receiving the application, the Board shall give reasonable public notice of the beginning of such proceeding.
(c)The Board shall issue a certificate authorizing activities for which such authority is requested in an application filed under subsection
(b)unless the Board finds that such activities are inconsistent with the public convenience and necessity. Such certificate may approve the application as filed, or with modifications, and may require compliance with conditions (other than labor protection conditions) the Board finds necessary in the public interest.
(d)The Board shall require any Class II rail carrier which receives a certificate under subsection
(c)of this section to provide a fair and equitable arrangement for the protection of the interests of employees who may be affected thereby. The arrangement shall consist exclusively of one year of severance pay, which shall not exceed the amount of earnings from railroad employment of the employee during the 12-month period immediately preceding the date on which the application for such certificate is filed with the Board. The amount of such severance pay shall be reduced by the amount of earnings from railroad employment of the employee with the acquiring carrier during the 12-month period immediately following the effective date of the transaction to which the certificate applies. The parties may agree to terms other than as provided in this subsection. The Board shall not require such an arrangement from a Class III rail carrier which receives a certificate under subsection
(c)of this section.
(Added Pub. L. 104–88, title I, § 102(a), Dec. 29, 1995, 109 Stat. 823.)
Connections196 cite this · traces to 1
Cited by 196 sections · top 60
register
Traces to 1 document
6 references not yet in our index
  • Pub. L. 104–88, title I, § 102(a)
  • 109 Stat. 823
  • Pub. L. 95–473
  • 92 Stat. 1403
  • Pub. L. 104–88
  • section 2 of Pub. L. 104–88
Citation graph
cites case law
§ 10902
Short line purchases by Class II and Class III rail carriers
Fed. Reg.×194
Stat.×1
U.S.C.×1
Pub. L.Pub. L. 104–88, title I, § 102(a)
Stat.109 Stat. 823
Pub. L.Pub. L. 95–473
Stat.92 Stat. 1403
Pub. L.Pub. L. 104–88
Cites 7 · showing 6Cited by 196 across 3 sources
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.