45 U.S.C. § 666 — Court supervision of expenditures; find-

Page 154 TITLE 45—RAILROADS § 665 valid and incontestable in the hands of a holder of a guaranteed certificate except for fraud or material misrepresentation on the part of such holder. (c) Enforcement by Attorney General of rights accruing to United States because of guar- antee The Attorney General shall take such action as may be appropriate to enforce any right ac- cruing to the United States by reason of its hav- ing paid money or incurred expenses as a result of making such guarantees. (Pub. L. 91–663, § 5, Jan. 8, 1971, 84 Stat. 1976.) Editorial Notes CODIFICATION In subsec. (a), ‘‘chapter 31 of title 31’’ and ‘‘that chap- ter’’ substituted for ‘‘the Second Liberty Bond Act, as amended’’ and ‘‘that Act, as amended,’’, respectively, on authority of Pub. L. 97–258, § 4(b), Sept. 13, 1982, 96 Stat. 1067, the first section of which enacted Title 31, Money and Finance. § 665. Utilization of services and facilities of Fed- eral departments and agencies; reimburse- ment; consultation with Board; coordination of activities with Federal departments and agencies (a) In carrying out the provisions of this chap- ter the Secretary may use available services and facilities of other departments, agencies, and in- strumentalities of the Federal Government with their consent and on a reimbursable basis, and shall consult with the Board in carrying out the provisions of this chapter. (b) Departments, agencies, and instrumental- ities of the Federal Government shall exercise their powers, duties, and functions in such man- ner as will assist in carrying out the provisions of this chapter. (Pub. L. 91–663, § 6, Jan. 8, 1971, 84 Stat. 1977; Pub. L. 104–88, title III, § 325(3), Dec. 29, 1995, 109 Stat. 951.) Editorial Notes AMENDMENTS 1995—Subsec. (a). Pub. L. 104–88 substituted ‘‘Board’’ for ‘‘Interstate Commerce Commission’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1995 AMENDMENT Amendment by Pub. L. 104–88 effective Jan. 1, 1996, see section 2 of Pub. L. 104–88, set out as an Effective Date note under section 1301 of Title 49, Transpor- tation. § 666. Court supervision of expenditures; find- ings; report to Secretary In addition to other duties prescribed by sec- tion 77 of the Bankruptcy Act, the court shall maintain supervision of the expenditure of funds obtained pursuant to section 662 of this title for the purpose of assuring that such funds are used solely for purposes set forth in subsection (b) of such section, shall make periodic findings re- garding such expenditures, and shall report those findings to the Secretary. (Pub. L. 91–663, § 7, Jan. 8, 1971, 84 Stat. 1977.) Editorial Notes REFERENCES IN TEXT Section 77 of the Bankruptcy Act, referred to in text, was classified to section 205 of former Title 11, Bank- ruptcy. The Bankruptcy Act (act July 1, 1898, ch. 541, 30 Stat. 544) was repealed effective Oct. 1, 1979, by Pub. L. 95–598, §§ 401(a), 402(a), Nov. 6, 1978, 92 Stat. 2682, section 101 of which enacted revised Title 11. For current provi- sions relating to railroad reorganization, see sub- chapter IV (§ 1161 et seq.) of chapter 11 of Title 11. § 667. Audit by Comptroller General; report to Congress The Comptroller General of the United States, or any of his duly authorized representatives, shall have access to such information, books, records, and documents as he determines nec- essary effectively to audit financial transactions and operations carried out by the Secretary in the administration of this chapter. The Comp- troller General shall make such reports to the Congress on the results of any such audits as are appropriate. (Pub. L. 91–663, § 8, Jan. 8, 1971, 84 Stat. 1977.) § 668. Guarantee fees; amount; deposit The Secretary shall prescribe a guarantee fee in connection with each loan guaranteed under this chapter which shall be collected from the railroad upon repayment of the loan guaranteed. Such fee shall be in an amount that the Sec- retary estimates to be necessary to cover the administrative costs of carrying out the provi- sions of this chapter with respect to such loan. Sums realized from such fees shall be deposited in the Treasury as miscellaneous receipts. (Pub. L. 91–663, § 9, Jan. 8, 1971, 84 Stat. 1978.) § 669. Repealed. Pub. L. 97–375, title I, § 111(e), Dec. 21, 1982, 96 Stat. 1821 Section, Pub. L. 91–663, § 10, Jan. 8, 1971, 84 Stat. 1978; Pub. L. 96–470, title I, § 112(h), Oct. 19, 1980, 94 Stat. 2240, directed the Secretary to make a report to the Presi- dent and Congress on financial condition of each rail- road except Central Railroad Company of New Jersey and Penn Central Transportation Company, having a loan guaranteed under this chapter ninety days after the making of such guarantee and annually thereafter throughout existence of such loan. CHAPTER 16—REGIONAL RAIL REORGANIZATION SUBCHAPTER I—GENERAL PROVISIONS Sec. 701. Congressional declaration of policy. 702. Definitions. SUBCHAPTER II—UNITED STATES RAILWAY ASSOCIATION 711. Formation and structure. 712. Functions of Association. 713. Access to information. 714, 715. Omitted or Repealed. 716. Final system plan. 717. Adoption of final system plan. 718. Review by Congress. 719. Judicial review. 720. Obligations of Association. 721. Loans.