45 USC § 1302 - Purposes

---
identifier: "/us/usc/t45/s1302"
source: "usc"
legal_status: "official_prima_facie"
title: "45 USC § 1302 - Purposes"
title_number: 45
title_name: "RAILROADS"
section_number: "1302"
section_name: "Purposes"
chapter_number: 22
chapter_name: "CONRAIL PRIVATIZATION"
subchapter_number: "I"
subchapter_name: "GENERAL PROVISIONS"
positive_law: false
currency: "119-84"
last_updated: "2024-06-14"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 99–509, title IV, § 4003, Oct. 21, 1986, 100 Stat. 1893.)"
---


# § 1302. Purposes

The purposes of this chapter are to transfer the interest of the United States in the common stock of the Corporation to the private sector in a manner that provides for the long-term viability of the Corporation, provides for the continuation by the Corporation of its rail service in the Northeast and Midwest, provides for the protection of the public interest in a sound rail transportation system, and, to the extent not inconsistent with such purposes, secures the maximum proceeds to the United States.

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**Source Credit**: (Pub. L. 99–509, title IV, § 4003, Oct. 21, 1986, 100 Stat. 1893.)