49 USC § 11161 - Implementation of cost accounting principles

---
identifier: "/us/usc/t49/s11161"
source: "usc"
legal_status: "official_legal_evidence"
title: "49 USC § 11161 - Implementation of cost accounting principles"
title_number: 49
title_name: "TRANSPORTATION"
section_number: "11161"
section_name: "Implementation of cost accounting principles"
chapter_number: 111
chapter_name: "OPERATIONS"
subchapter_number: "IV"
subchapter_name: "RAILROAD COST ACCOUNTING"
part_number: "A"
part_name: "RAIL"
positive_law: true
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Added Pub. L. 104–88, title I, § 102(a), Dec. 29, 1995, 109 Stat. 835.)"
---


# § 11161. Implementation of cost accounting principles

The Board shall periodically review its cost accounting rules and shall make such changes in those rules as are required to achieve the regulatory purposes of this part. The Board shall insure that the rules promulgated under this section are the most efficient and least burdensome means by which the required information may be developed for regulatory purposes. To the maximum extent practicable, the Board shall conform such rules to generally accepted accounting principles.

---

**Source Credit**: (Added Pub. L. 104–88, title I, § 102(a), Dec. 29, 1995, 109 Stat. 835.)

## Editorial Notes

### Prior Provisions

Provisions similar to those in this section were contained in  prior to the general amendment of this subtitle by .

A prior section 11161, added , , , related to Railroad Accounting Principles Board, prior to the general amendment of this subtitle by .

## Statutory Notes and Related Subsidiaries

### Effective Date

Section effective , except as otherwise provided in , see , set out as a note under .