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45 U.S.C. § 668 - U.S. Code - Unannotated Title 45. Railroads § 668. Guarantee fees; amount; deposit

Current as of January 01, 2024 | Updated by Findlaw Staff

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 Secretary estimates to be necessary to cover the administrative costs of carrying out the provisions of this chapter with respect to such loan. Sums realized from such fees shall be deposited in the Treasury as miscellaneous receipts.

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Cite this article: FindLaw.com - 45 U.S.C. § 668 - U.S. Code - Unannotated Title 45. Railroads § 668. Guarantee fees; amount; deposit - last updated January 01, 2024 | https://codes.findlaw.com/us/title-45-railroads/45-usc-sect-668/

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