Source
(Pub. L. 93–236, title II, § 210, Jan. 2, 1974, 87 Stat. 1000; Pub. L. 94–210, title VI, §§ 604,
607
(k), Feb. 5, 1976, 90 Stat. 88, 97; Pub. L. 94–555, title II, § 203(e), Oct. 19, 1976, 90 Stat. 2620; Pub. L. 96–448, title VII, § 703(f)(3), Oct. 14, 1980, 94 Stat. 1965.)
Codification
In subsec. (e), “chapter
31 of title
31” and “such chapter” substituted for “the Second Liberty Bond Act, as amended” and “such Act”, respectively, on authority of
Pub. L. 97–258, § 4(b), Sept. 13, 1982,
96 Stat. 1067, the first section of which enacted Title 31, Money and Finance.
Amendments
1980—Subsec. (e).
Pub. L. 96–448 inserted “or under subsection (a) of section
746 of this title” after “subsection (c) of this section”.
1976—Subsec. (b).
Pub. L. 94–555 inserted “(exclusive of interest or additions to principal on account of accrual of interest)” after “aggregate principal amount”, and raised maximum amount allowed for outstanding obligations issued by Association to $395,000,000.
Pub. L. 94–210, § 604, substituted provisions authorizing $275,000,000 as maximum of aggregate amount of obligations outstanding at any one time and provisions relating to availability or issuance after Feb. 5, 1976, for provisions authorizing $1,500,000,000 as maximum of aggregate amount of obligations outstanding at any one time and provisions relating to limitations on amounts issued to Corporation and available for rehabilitation and modernization of rail properties.
Subsec. (c).
Pub. L. 94–210, § 607(k), inserted provisions relating to guarantees as general obligations of the United States and pledge of full faith and credit for payment.
Effective Date of 1980 Amendment
Amendment by
Pub. L. 96–448 effective Oct. 1, 1980, see section 710(a) of
Pub. L. 96–448, set out as a note under section
1170 of Title
11, Bankruptcy.
Effective Date of 1976 Amendment
Amendment by
Pub. L. 94–555 effective Oct. 1, 1976, see section 303 of
Pub. L. 94–555, set out as a note under section
702 of this title.
Abolition of United States Railway Association and Transfer of Functions and Securities
See section
1341 of this title.
Applicability of National Environmental Policy Act
Application of National Environmental Policy Act to actions of Commission not affected by title VI of
Pub. L. 94–210, see section 619 of
Pub. L. 94–210, set out as a note under section
791 of this title.