49 C.F.R. § 1151.1

Current through September 30, 2024
Section 1151.1 - Scope

This part governs applications filed under 49 U.S.C. 10907 . The Board can require the sale of a rail line to a financially responsible person. A rail line is eligible for a forced sale if it appears in category 1 or 2 of the owning railroad's system diagram map (but the railroad has not filed an application to abandon the line), or the public convenience and necessity, as defined in 49 U.S.C. 10907(c)(1) , permit or require the sale of the line.

49 C.F.R. §1151.1

48 FR 9654, Mar. 8, 1983, as amended at 56 FR 37861, Aug. 9, 1991; 64 FR 53268, Oct. 1, 1999