49 C.F.R. § 1151.1
Current through September 30, 2024
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