DOT - 49 CFR PART 1151
FEEDER RAILROAD DEVELOPMENT PROGRAM
| Organization: | DOT |
| Publication Date: | 1 October 2016 |
| Status: | active |
| Page Count: | 5 |
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.
Document History