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49 U.S.C. § 11144 — Records: form; inspection; preservation
Federal law — U.S. Code and appendices · legal_authorities
**(a)** The Board may prescribe the form of records required to be prepared or compiled under this subchapter—
(1) by rail carriers and lessors, including records related to movement of traffic and receipts and expenditures of money; and
(2) by persons furnishing cars to or for a rail carrier providing transportation subject to the jurisdiction of the Board under this part to the extent related to those cars or that service.
**(b)** The Board, or an employee designated by the Board, may on demand and display of proper credentials—
(1) inspect and examine the lands, buildings, and equipment of a rail carrier or lessor; and
(2) inspect and copy any record of—
(A) a rail carrier, lessor, or association;
(B) a person controlling, controlled by, or under common control with a rail carrier if the Board considers inspection relevant to that person’s relation to, or transaction with, that rail carrier; and
(C) a person furnishing cars to or for a rail carrier if the Board prescribed the form of that record.
**(c)** The Board may prescribe the time period during which operating, accounting, and financial records must be preserved by rail carriers, lessors, and persons furnishing cars.
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Stable record: federal_law:legal_authorities:record_usc_bc6f696c2fa168f75c08f1a3
Source file: Laws/federal/codes/united-states-code/title-49/section-11144-records-form-inspection-preservation--bb1d408d54.md
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Source location: Title 49, Chapter 111, § 11144; chapter-111-operations.md
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**(a)** The Board may prescribe the form of records required to be prepared or compiled under this subchapter—
(1) by rail carriers and lessors, including records related to movement of traffic and receipts and expenditures of money; and
(2) by persons furnishing cars to or for a rail carrier providing transportation subject to the jurisdiction of the Board under this part to the extent related to those cars or that service.
**(b)** The Board, or an employee designated by the Board, may on demand and display of proper credentials—
(1) inspect and examine the lands, buildings, and equipment of a rail carrier or lessor; and
(2) inspect and copy any record of—
(A) a rail carrier, lessor, or association;
(B) a person controlling, controlled by, or under common control with a rail carrier if the Board considers inspection relevant to that person’s relation to, or transaction with, that rail carrier; and
(C) a person furnishing cars to or for a rail carrier if the Board prescribed the form of that record.
**(c)** The Board may prescribe the time period during which operating, accounting, and financial records must be preserved by rail carriers, lessors, and persons furnishing cars.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment.—** The Surface Transportation Board is an independent establishment of the United States Government.
**(b) Membership.—**
(1) The Board shall consist of 5 members, to be appointed by the President, by and with the advice and consent of the Senate. Not more than 3 members may be appointed from the same political party.
(2) At all times—
(A) at least 3 members of the Board shall be individuals with professional standing and demonstrated knowledge in the fields of transportation, transportation regulation, or economic regulation; and
(B) at least 2 members shall be individuals with professional or business experience (including agriculture) in the private sector.
(3) The term of each member of the Board shall be 5 years and shall begin when the term of the predecessor of that member ends. An individual appointed to fill a vacancy occurring before the expiration of the term for which the predecessor of that individual was appointed, shall be appointed for the remainder of that term. When the term of office of a member ends, the member may continue to serve until a successor is appointed and qualified, but for a period not to exceed one year. The President may remove a member for inefficiency, neglect of duty, or malfeasance in office.
(4) No individual may serve as a member of the Board for more than 2 terms. In the case of an individual appointed to fill a vacancy occurring before the expiration of the term for which the predecessor of that individual was appointed, such individual may not be appointed for more than one additional term.
(5) A member of the Board may not have a pecuniary interest in, hold an official relation to, or own stock in or bonds of, a carrier providing transportation by any mode and may not engage in another busines
Source: Supplied U.S. Code snapshot — release unconfirmed · 49 U.S.C. § 1301
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** A—
(1) rail carrier providing transportation subject to the jurisdiction of the Board under this part, or an officer, agent, or employee of that rail carrier, or another person authorized to receive information from that rail carrier, that knowingly discloses to another person, except the shipper or consignee; or
(2) person who solicits or knowingly receives,
information described in subsection (b) without the consent of the shipper or consignee shall be fined not more than $1,000.
**(b)** The information referred to in subsection (a) is information about the nature, kind, quantity, destination, consignee, or routing of property tendered or delivered to that rail carrier for transportation provided under this part, or information about the contents of a contract authorized under [section 10709 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title49-section10709&num=0&edition=prelim), that may be used to the detriment of the shipper or consignee or may disclose improperly, to a competitor, the business transactions of the shipper or consignee.
**(c)** This part does not prevent a rail carrier providing transportation subject to the jurisdiction of the Board under this part from giving information—
(1) in response to legal process issued under authority of a court of the United States or a State;
(2) to an officer, employee, or agent of the United States Government, a State, or a territory or possession of the United States; or
(3) to another rail carrier or its agent to adjust mutual traffic accounts in the ordinary course of business.
**(d)** An employee of the Board delegated to make an inspection or examination under [section 11144 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title49-section111
Source: Supplied U.S. Code snapshot — release unconfirmed · 49 U.S.C. § 11904
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Form of Records.—** The Secretary or the Board, as applicable, may prescribe the form of records required to be prepared or compiled under this subchapter by carriers and brokers, including records related to movement of traffic and receipts and expenditures of money.
**(b) Right of Inspection.—** The Secretary or Board, or an employee designated by the Secretary or Board, may on demand and display of proper credentials, in person or in writing—
(1) inspect and examine the lands, buildings, and equipment of a carrier or broker; and
(2) inspect and copy any record of—
(A) a carrier, broker, or association; and
(B) a person controlling, controlled by, or under common control with a carrier if the Secretary or Board, as applicable, considers inspection relevant to that person’s relation to, or transaction with, that carrier.
**(c) Period for Preservation of Records.—** The Secretary or Board, as applicable, may prescribe the time period during which operating, accounting, and financial records must be preserved by carriers and brokers.
Source: Supplied U.S. Code snapshot — release unconfirmed · 49 U.S.C. § 14122
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Form of Records.—** The Board may prescribe the form of records required to be prepared or compiled under this subchapter by pipeline carriers and lessors, including records related to movement of traffic and receipts and expenditures of money.
**(b) Inspection.—** The Board, or an employee designated by the Board, may on demand and display of proper credentials—
(1) inspect and examine the lands, buildings, and equipment of a pipeline carrier or lessor; and
(2) inspect and copy any record of—
(A) a pipeline carrier, lessor, or association; and
(B) a person controlling, controlled by, or under common control with a pipeline carrier if the Board considers inspection relevant to that person’s relation to, or transaction with, that carrier.
**(c) Preservation Period.—** The Board may prescribe the time period during which operating, accounting, and financial records must be preserved by pipeline carriers and lessors.
Source: Supplied U.S. Code snapshot — release unconfirmed · 49 U.S.C. § 15722
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Federal law — U.S. Code and appendices · legal_authorities
Page 447
TITLE 49—TRANSPORTATION
§ 11145
§ 11142. Uniform accounting system
The Board may prescribe a uniform account-
ing system for classes of rail carriers providing
transportation subject to the jurisdiction of the
Board under this part. To the maximum extent
practicable, the Board shall conform such sys-
tem to generally accepted accounting principles,
and shall administer this subchapter in accord-
ance with such principles.
(Added Pub. L. 104–88, title I, § 102(a), Dec. 29,
1995, 109 Stat. 834.)
Editorial Notes
PRIOR PROVISIONS
A prior section 11142, Pub. L. 95–473, Oct. 17, 1978, 92
Stat. 1425; Pub. L. 96–448, title III, § 301, Oct. 14, 1980, 94
Stat. 1934, related to uniform accounting system, 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 pro-
vided in Pub. L. 104–88, see section 2 of Pub. L. 104–88,
set out as a note under section 1301 of this title.
§ 11143. Depreciation charges
The Board shall, for a class of rail carriers
providing transportation subject to its jurisdic-
tion under this part, prescribe, and change when
necessary, those classes of property for which
depreciation charges may be included under op-
erating expenses and a rate of depreciation that
may be charged to a class of property. The
Board may classify those rail carriers for pur-
poses of this section. A rail carrier for whom de-
preciation charges and rates of depreciation are
in effect under this section for any class of prop-
erty may not—
(1) charge to operating expenses a deprecia-
tion charge on a class of property other than
that prescribed by the Board;
(2) charge another rate of depreciation; or
(3) include other dep
Source: Supplied 2024 U.S. Code historical extraction · 49 U.S.C. § 11144
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.