Code of Federal Regulations Title 49. Transportation 49 CFR § 1201.2-14 2–14 [1201.2–14] Track connections

(a) When the accounting carrier bears the construction cost of a connecting track situated on the property of another carrier, but acquires the salvage rights to the track, the cost of the track construction shall be charged to account 731, Road and equipment property.

(b) When carriers (1) share the cost of constructing a connecting track of which a portion is situated on each carrier's right-of-way, and (2) own and obtain the salvage rights to the track segment located on their respective properties, the construction cost borne by each carrier shall be charged to account 731, Road and equipment property.

(c) The cost of constructing a track connection on the right-of-way of another carrier which acquires the ownership of and salvage rights to the track, shall be charged by the carrier bearing such cost to accounts 37–11–00, Purchased service—Joint facility—Debit—Way and Structures—Running, or 37–12–00, Purchased services—Joint facility—Debit—Way and Structures—Switching. The owner carrier shall charge the amount of the construction cost to account 731, Road and equipment—property, with contra credit to accounts 38–11–00, Purchases services—Joint facility—Credit—Way and Structures—Running, or 38–12–00, Purchases services—Joint facility—Credit—Way and Structures—Switching. Material amounts for such costs shall be referred to the Board for consideration and decision.

(d) The cost of constructing a side track under a deposit refund agreement shall be charged to account 731, Road and equipment property. The deposit shall be credited to account 782, Other liabilities. Deposit amounts refunded during the agreement period shall be charged to account 782, Other liabilities. Upon termination of the agreement, the amount of any unrefunded deposit shall be credited to the applicable primary property accounts on an equitable basis.