Skip to main content
Find a Lawyer

49 U.S.C. § 11328 - U.S. Code - Unannotated Title 49. Transportation § 11328. Restrictions on officers and directors

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

(a) A person may hold the position of officer or director of more than one rail carrier only when authorized by the Board. The Board may authorize a person to hold the position of officer or director of more than one of those carriers when public or private interests will not be adversely affected.

(b) This section shall not apply to an individual holding the position of officer or director only of Class III rail carriers.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - 49 U.S.C. § 11328 - U.S. Code - Unannotated Title 49. Transportation § 11328. Restrictions on officers and directors - last updated January 01, 2024 | https://codes.findlaw.com/us/title-49-transportation/49-usc-sect-11328/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard