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45 U.S.C. § 761 — Untitled legal text
Federal law — U.S. Code and appendices · legal_authorities
Page 210
TITLE 45—RAILROADS
§§ 761 to 769c
1 So in original. Section 10903(b) of Title 49, Transportation,
does not contain a par. (3).
2 See References in Text note below.
(d) Offers of financial assistance
(1) The provisions of section 10904 of title 49
(including the timing requirements of sub-
section (d) thereof) shall apply to any offer of fi-
nancial assistance under subsection (b) or (c) of
this section.
(2) The Corporation shall provide any person
that intends to make an offer of financial assist-
ance under subsection (b) or (c) of this section
with such information as the Commission may
require.
(e) Liquidation
(1) If any application for abandonment is
granted under subsection (b) of this section, the
Commission shall, as soon as practicable, ap-
praise the net liquidation value of the line to be
abandoned, and shall publish notice of such ap-
praisal in the Federal Register.
(2) Appraisals made under paragraph (1) shall
not be appealable.
(3)(A) If, within 120 days after the date on
which an appraisal is published in the Federal
Register under paragraph (1), the Corporation
receives a bona fide offer for the sale, for 75 per-
cent of the amount at which the liquidation
value of such line was appraised by the Commis-
sion, of the line to be abandoned, the Corpora-
tion shall sell such line and the Commission
shall, unless the parties otherwise agree, estab-
lish an equitable division of joint rates for
through routes over such lines.
(B) If the Corporation receives no bona fide
offer under subparagraph (A), within such 120-
day period, the Corporation may abandon or dis-
pose of the line as it chooses, except that the
Corporation may not dismantle bridges, or other
structures (not including rail, signals, and other
rail facilitie
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Page 210
TITLE 45—RAILROADS
§§ 761 to 769c
1 So in original. Section 10903(b) of Title 49, Transportation,
does not contain a par. (3).
2 See References in Text note below.
(d) Offers of financial assistance
(1) The provisions of section 10904 of title 49
(including the timing requirements of sub-
section (d) thereof) shall apply to any offer of fi-
nancial assistance under subsection (b) or (c) of
this section.
(2) The Corporation shall provide any person
that intends to make an offer of financial assist-
ance under subsection (b) or (c) of this section
with such information as the Commission may
require.
(e) Liquidation
(1) If any application for abandonment is
granted under subsection (b) of this section, the
Commission shall, as soon as practicable, ap-
praise the net liquidation value of the line to be
abandoned, and shall publish notice of such ap-
praisal in the Federal Register.
(2) Appraisals made under paragraph (1) shall
not be appealable.
(3)(A) If, within 120 days after the date on
which an appraisal is published in the Federal
Register under paragraph (1), the Corporation
receives a bona fide offer for the sale, for 75 per-
cent of the amount at which the liquidation
value of such line was appraised by the Commis-
sion, of the line to be abandoned, the Corpora-
tion shall sell such line and the Commission
shall, unless the parties otherwise agree, estab-
lish an equitable division of joint rates for
through routes over such lines.
(B) If the Corporation receives no bona fide
offer under subparagraph (A), within such 120-
day period, the Corporation may abandon or dis-
pose of the line as it chooses, except that the
Corporation may not dismantle bridges, or other
structures (not including rail, signals, and other
rail facilities) for 120 days thereafter. The Sec-
retary may require that bridges or other struc-
tures (not including rail, signals, and other rail
facilities), not be dismantled for an additional 8
months if he assumes all liability of any sort re-
lated to such property.
(4) If the purchaser under paragraph (3)(A) of
this subsection of any line of the Corporation
abandons such line within five years after such
purchase, the proceeds of any track liquidations
shall be paid into the general fund of the Treas-
ury of the United States.
(f) Employee protection
The provisions of section 10903(b)(3) 1 of title 49
shall not apply to any abandonment granted
under this section. Any employee who was pro-
tected by the compensatory provisions of sub-
chapter V 2 of this chapter immediately prior to
August 13, 1981, who is deprived of employment
by such an abandonment shall be eligible for
employee protection under section 797 2 of this
title.
(Pub. L. 93–236, title III, § 308, as added Pub. L.
97–35, title XI, § 1156(a), Aug. 13, 1981, 95 Stat. 679;
amended Pub. L. 98–181, title II, § 2003(c)(2), Nov.
30, 1983, 97 Stat. 1298; Pub. L. 104–88, title III,
§ 327(4), Dec. 29, 1995, 109 Stat. 952.)
Editorial Notes
REFERENCES IN TEXT
Subchapter V of this chapter, referred to in subsec.
(f), was repealed by Pub. L. 97–35, title XI, § 1144(a)(1),
Aug. 13, 1981, 95 Stat. 669.
Section 797 of this title, referred to in subsec. (f), was
repealed by Pub. L. 99–509, title IV, § 4024(c), Oct. 21,
1986, 100 Stat. 1904, effective on the sale date (Apr. 2,
1987).
AMENDMENTS
1995—Subsec. (d)(1). Pub. L. 104–88, § 327(4)(A), sub-
stituted ‘‘section 10904’’ for ‘‘section 10905(d)–(f)’’.
Subsec. (f). Pub. L. 104–88, § 327(4)(B), substituted
‘‘section 10903(b)(3)’’ for ‘‘section 10903(b)(2)’’.
1983—Subsec. (c)(1). Pub. L. 98–181 substituted ‘‘1985’’
for ‘‘1983’’.
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.
EFFECTIVE DATE
Section effective Aug. 13, 1981, see section 1169 of Pub.
L. 97–35, set out as a note under section 1101 of this
title.
ABOLITION OF INTERSTATE COMMERCE COMMISSION AND
TRANSFER OF FUNCTIONS
Interstate Commerce Commission abolished and func-
tions of Commission transferred, except as otherwise
provided in Pub. L. 104–88, to Surface Transportation
Board effective Jan. 1, 1996, by section 1302 of Title 49,
Transportation, and section 101 of Pub. L. 104–88, set
out as a note under section 1301 of Title 49. References
to Interstate Commerce Commission deemed to refer to
Surface Transportation Board, a member or employee
of the Board, or Secretary of Transportation, as appro-
priate, see section 205 of Pub. L. 104–88, set out as a
note under section 1301 of Title 49.
SUBCHAPTER IV—TRANSFER OF FREIGHT
SERVICES
§§ 761 to 769c. Repealed. Pub. L. 99–509, title IV,
§ 4033(a)(1), Oct. 21, 1986, 100 Stat. 1908
Section 761, Pub. L. 93–236, title IV, § 401, as added
Pub. L. 97–35, title XI, § 1142, Aug. 13, 1981, 95 Stat. 654,
related to sale of interest of United States in common
stock of Consolidated Rail Corporation.
A prior section 761, Pub. L. 93–236, title IV, § 401, Jan.
2, 1974, 87 Stat. 1010, related to Congressional findings
and purpose in providing for a program of rail service
continuation subsidies, prior to repeal by Pub. L.
94–210, title VIII, § 806, Feb. 5, 1976, 90 Stat. 143, eff. Apr.
1, 1978.
Section 762, Pub. L. 93–236, title IV, § 402, as added
Pub. L. 97–35, title XI, § 1142, Aug. 13, 1981, 95 Stat. 655,
related to debt and preferred stock of Consolidated Rail
Corporation.
A prior section 762, Pub. L. 93–236, title IV, § 402, Jan.
2, 1974, 87 Stat. 1010; Pub. L. 93–488, § 1(d), Oct. 26, 1974,
88 Stat. 1464; Pub. L. 94–210, title VIII, § 805(a), Feb. 5,
1976, 90 Stat. 139, directed Secretary to provide finan-
cial assistance to States and local or regional transpor-
tation authorities in facilitating and maintaining main
line or local rail service, prior to repeal by Pub. L.
94–210, title VIII, § 806, Feb. 5, 1976, 90 Stat. 143, eff. Apr.
1, 1978.
Section 763, Pub. L. 93–236, title IV, § 403, as added
Pub. L. 97–35, title XI, § 1142, Aug. 13, 1981, 95 Stat. 655,
related to determinations about profitability of Con-
solidated Rail Corporation.
Page 211
TITLE 45—RAILROADS
§§ 771 to 780
A prior section 763, Pub. L. 93–236, title IV, § 403, Jan.
2, 1974, 87 Stat. 1012; Pub. L. 93–488, § 1(e), Oct 26, 1974,
88 Stat. 1465; Pub. L. 94–210, title VIII, § 805(b), (c), Feb.
5, 1976, 90 Stat. 142, authorized Association to provide
loans for acquisition of rail properties by States or
local or regional transportation authorities and for
modernization of those acquired properties, prior to re-
peal by Pub. L. 94–210, title VIII, § 806, Feb. 5, 1976, 90
Stat. 143, eff. Apr. 1, 1978.
Section 764, Pub. L. 93–236, title IV, § 404, as added
Pub. L. 97–35, title XI, § 1142, Aug. 13, 1981, 95 Stat. 656,
related to failure to sell interest of United States in
common stock of Consolidated Rail Corporation as an
entity.
Section 765, Pub. L. 93–236, title IV, § 405, as added
Pub. L. 97–35, title XI, § 1142, Aug. 13, 1981, 95 Stat. 657,
related to plans to transfer Consolidated Rail Corpora-
tion’s freight rail properties and service responsibil-
ities.
Section 766, Pub. L. 93–236, title IV, § 406, as added
Pub. L. 97–35, title XI, § 1142, Aug. 13, 1981, 95 Stat. 658,
related to consolidation and review of freight transfer
agreements.
Section 767, Pub. L. 93–236, title IV, § 407, as added
Pub. L. 97–35, title XI, § 1142, Aug. 13, 1981, 95 Stat. 658,
related to public comment and Congressional notifica-
tion regarding freight transfer agreements.
Section 768, Pub. L. 93–236, title IV, § 408, as added
Pub. L. 97–35, title XI, § 1142, Aug. 13, 1981, 95 Stat. 659,
related to performance under freight transfer agree-
ments.
Section 769, Pub. L. 93–236, title IV, § 409, as added
Pub. L. 97–35, title XI, § 1142, Aug. 13, 1981, 95 Stat. 659,
provided that conveyance of interest in rail properties
under freight transfer agreement is deemed to be an as-
signment.
Section 769a, Pub. L. 93–236, title IV, § 410, as added
Pub. L. 97–35, title XI, § 1142, Aug. 13, 1981, 95 Stat. 660,
related to identification and sale of unprofitable sub-
sidiaries of Consolidated Rail Corporation.
Section 769b, Pub. L. 93–236, title IV, § 411, as added
Pub. L. 97–35, title XI, § 1146(a), Aug. 13, 1981, 95 Stat.
672, related to labor transfer agreements.
Section 769c, Pub. L. 93–236, title IV, § 412, as added
Pub. L. 97–35, title XI, § 1146(a), Aug. 13, 1981, 95 Stat.
673, related to labor protection benefits.
SUBCHAPTER V—EMPLOYEE PROTECTION
§§ 771 to 780. Repealed. Pub. L. 97–35, title XI,
§ 1144(a)(1), Aug. 13, 1981, 95 Stat. 669
Section 771, Pub. L. 93–236, title V, § 501, Jan. 2, 1974,
87 Stat. 1012; Pub. L. 94–210, title VI, §§ 607(i), 613, Feb.
5, 1976, 90 Stat. 97, 112; Pub. L. 94–248, § 5, Mar. 25, 1976,
90 Stat. 286; Pub. L. 94–555, title II, § 207(a), Oct. 19, 1976,
90 Stat. 2621; Pub. L. 96–448, title V, § 508(d), Oct. 14,
1980, 94 Stat. 1957, set forth provisions defining terms
applicable to employee protection rights.
Section 772, Pub. L. 93–236, title V, § 502, Jan. 2, 1974,
87 Stat. 1013; Pub. L. 94–210, title VI, § 614, Feb. 5, 1976,
90 Stat. 112, set forth provisions respecting employment
offers.
Section 773, Pub. L. 93–236, title V, § 503, Jan. 2, 1974,
87 Stat. 1014, related to assignment of work.
Section 774, Pub. L. 93–236, title V, § 504, Jan. 2, 1974,
87 Stat. 1014; Pub. L. 94–210, title VI, § 615, Feb. 5, 1976,
90 Stat. 113; Pub. L. 94–555, title II, §§ 207(b), 208, Oct. 19,
1976, 90 Stat. 2622; Pub. L. 96–448, title V, § 506, Oct. 14,
1980, 94 Stat. 1956, set forth provisions respecting col-
lective bargaining agreements.
Section 775, Pub. L. 93–236, title V, § 505, Jan. 2, 1974,
87 Stat. 1015; Pub. L. 94–210, title VI, § 616(a)–(g), Feb. 5,
1976, 90 Stat. 115, 116; Pub. L. 94–555, title II, §§ 209, 210,
Oct. 19, 1976, 90 Stat. 2623; Pub. L. 96–448, title V,
§§ 501–503, Oct. 14, 1980, 94 Stat. 1948–1954, set forth provi-
sions relating to employee protection programs.
Section 776, Pub. L. 93–236, title V, § 506, Jan. 2, 1974,
87 Stat. 1019, related to contracting out of work.
Section 777, Pub. L. 93–236, title V, § 507, Jan. 2, 1974,
87 Stat. 1020; Pub. L. 96–448, title V, § 508(e), Oct. 14,
1980, 94 Stat. 1957, related to arbitration of disputes or
controversies.
Section 778, Pub. L. 93–236, title V, § 508, Jan. 2, 1974,
87 Stat. 1020; Pub. L. 94–210, title VI, § 617, Feb. 5, 1976,
90 Stat. 117, related to duties of acquiring and selling
railroads.
Section 779, Pub. L. 93–236, title V, § 509, Jan. 2, 1974,
87 Stat. 1020; Pub. L. 94–210, title VI, § 616(h), Feb. 5,
1976, 90 Stat. 116; Pub. L. 94–555, title II, § 207(c), Oct. 19,
1976, 90 Stat. 2622; Pub. L. 96–448, title V, § 504, Oct. 14,
1980, 94 Stat. 1955, set forth provisions respecting ben-
efit payments.
Section 780, Pub. L. 93–236, title V, § 510, as added Pub.
L. 96–448, title V, § 505, Oct. 14, 1980, 94 Stat. 1956, re-
lated to railroad hiring.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE
OF REPEAL; CONTINUATION
OF BENE-
FITS AFTER REPEAL; LAW GOVERNING DISPUTES; PRE-
REQUISITES TO DISBURSEMENT OF BENEFITS
Pub. L. 97–35, title XI, § 1144(a)(2)–(4), Aug. 13, 1981, 95
Stat. 669, provided that:
‘‘(2) Notwithstanding the repeal made by paragraph
(1) of this subsection [repealing this subchapter]—
‘‘(A) benefits accrued as of the effective date of this
subsection as a result of events that occurred wholly
prior to October 1, 1981, shall be disbursed except as
provided in paragraph (3); and
‘‘(B) any dispute or controversy regarding such ben-
efits shall be determined under the terms of the law
in effect on the date the claim arose.
‘‘(3) Benefits shall not be disbursed under paragraph
(2)(A) unless the employee has filed a claim for such
benefits within 90 days after the date of repeal; except
that, with respect to a claim which is the subject of or
is based upon any arbitration decision issued after the
date of repeal, such 90-day period shall not commence
until such arbitration decision is issued to the em-
ployee and the employee’s representative; and no bene-
fits shall be disbursed unless appropriations for such
purposes are or become available.
‘‘(4) The provisions of this subsection shall take ef-
fect on the first day of the first month beginning after
the date of enactment of this subtitle [Aug. 13, 1981].’’
EMPLOYEE PROTECTION PAYMENTS UNDER FORMER
PROVISIONS; REIMBURSEMENT
Pub. L. 96–448, title V, § 507, Oct. 14, 1980, 94 Stat. 1956,
provided that notwithstanding any other provision of
law, the Consolidated Rail Corporation and other em-
ployers with employees protected under this sub-
chapter, until the effective date of Pub. L. 96–448 [prob-
ably means Oct. 1, 1980, see section 710 of Pub. L. 96–448,
set out as a note under section 1170 of Title 11, Bank-
ruptcy], continue to make payments for employee pro-
tection under such Act, [probably means this sub-
chapter] in accordance with the provisions of such Act
[probably means this subchapter], which were in effect
on Jan. 1, 1979, and that notwithstanding any other pro-
vision of law, such Corporation and employers be reim-
bursed for such payments in accordance with former
section 779(a) of this title.
CONRAIL EMPLOYEE PROTECTION
Pub. L. 96–254, title II, § 214, May 30, 1980, 94 Stat. 417,
provided that the Consolidated Railroad Corporation
make payments in accordance with this subchapter,
and the United States Railway Association not, as a re-
sult of such payments, withhold any funds from the
Corporation, and that this provision take effect as of
Mar. 1, 1980, and remain in effect until the expiration
of the 45-day period beginning on May 30, 1980, and after
the expiration of such 45-day period, payments by the
Consolidated Rail Corporation under this subchapter
and funding of the Corporation by the United States
Railway Association be governed by applicable law.
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