§ 22904. Use of capital grants to finance first-dollar liability of grant project
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/usc/title-49/section-22904A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
(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.)
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- Pub. L. 110–432, div. B, title III, § 301(a)
- 122 Stat. 4942
- 132 Stat. 5445
- section 24404 of this title
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§ 22904
Use of capital grants to finance first-dollar liability of grant project
Pub. L.Pub. L. 110–432, div. B, title III, § 301(a)
Stat.122 Stat. 4942
Stat.132 Stat. 5445
Citesection 24404 of this title
Cites 5Cited by 0 across 0 sources