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49 U.S.C. § 11122 49 u.s.c. · operations · title 49
49 U.S.C. § 11122
Compensation and practice
Title 49 USC
● ACTIVE
Ch. 111
Jurisdiction Federal — United States
Chapter OPERATIONS
Primary Source uscode.house.gov ↗
Federation ID OM-USC49-SEC-ED7F6E
STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 49 - TRANSPORTATION 49 U.S.C. United States Code, 2023 Edition Title 49 - TRANSPORTATION SUBTITLE IV - INTERSTATE TRANSPORTATION PART A - RAIL CHAPTER 111 - OPERATIONS SUBCHAPTER II - CAR SERVICE Sec. 11122 - Compensation and practice From the U.S. Government Publishing Office, www.gpo.gov

§11122. Compensation and practice

(a) The regulations of the Board on car service shall encourage the purchase, acquisition, and efficient use of freight cars. The regulations may include— (1) the compensation to be paid for the use of a locomotive, freight car, or other vehicle; (2) the other terms of any arrangement for the use by a rail carrier of a locomotive, freight car, or other vehicle not owned by the rail carrier using the locomotive, freight car, or other vehicle, whether or not owned by another carrier, shipper, or third person; and (3) sanctions for nonobservance.

(b) The rate of compensation to be paid for each type of freight car shall be determined by the expense of owning and maintaining that type of freight car, including a fair return on its cost giving consideration to current costs of capital, repairs, materials, parts, and labor. In determining the rate of compensation, the Board shall consider the transportation use of each type of freight car, the national level of ownership of each type of freight car, and other factors that affect the adequacy of the national freight car supply.

(Added Pub. L. 104–88, title I, §102(a), Dec. 29, 1995, 109 Stat. 832.)

Editorial Notes

Prior Provisions A prior section 11122, Pub. L. 95–473, Oct. 17, 1978, 92 Stat. 1421; Pub. L. 96–448, title II, §224(a), Oct. 14, 1980, 94 Stat. 1929, related to use of and compensation for freight cars, prior to the general amendment of this subtitle by Pub. L. 104–88, §102(a).

Statutory Notes and Related Subsidiaries

Effective Date Section effective Jan. 1, 1996, except as otherwise provided in Pub. L. 104–88, see section 2 of Pub. L. 104–88, set out as a note under section 1301 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 49 U.S.C. § 11122 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
OakMorel Law
49 U.S.C.
Citation
49 U.S.C. § 11122
Status
● ACTIVE
Chapter
111 — OPERATIONS
Title
Transportation
Jurisdiction
Federal
Federation ID
OM-USC49-SEC-ED7F6E
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Transportation — 49 U.S.C. § 11122