The Secretary of Transportation, under the authority of section
831 of this title, shall guarantee obligations of the Milwaukee Railroad for purposes of providing employee protection in accordance with the terms of the employee protection agreement entered into under section
908 of this title. Guarantees under this section shall be entered into without regard to the requirements of subsection (g) ofsection
831 of this title.
(b) Obligations as administrative expense
Any obligation guaranteed pursuant to this section shall be treated as an administrative expense of the estate of the Milwaukee Railroad.
(c) Limit on aggregate unpaid principal amount
The aggregate unpaid principal amount of obligations which may be guaranteed by the Secretary pursuant to this section shall not exceed $75,000,000.
(d) Limit on total liability
The total liability of the Milwaukee Railroad in connection with benefits and allowances provided under an employee protection agreement entered into under section
908 of this title shall not exceed $75,000,000.
(e) Liability of United States respecting section
Except in connection with obligations guaranteed under this section, the United States shall incur no liability to employees in connection with any employee protection agreement entered into under section
908 of this title.
(f) Applicability of section
836 of this title
836 of this title shall not apply to any obligation guaranteed under this section.
831 of this title, referred to in subsec. (a), was repealed by Pub. L. 105–178, title VII, § 7203(a)(2),June 9, 1998, 112 Stat. 477, except for subsec. (c) of that section, which was renumbered and transferred to section
823(b) of this title by section 7203(a)(4) ofPub. L. 105–178.
1980—Subsec. (e). Pub. L. 96–448inserted “to employees” after “no liability”.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
Description of Change
Statutes at Large
LII has no control over and does not endorse any external Internet site that contains links to or references LII.