
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 49USC11122]

 
                        TITLE 49--TRANSPORTATION
 
                 SUBTITLE IV--INTERSTATE TRANSPORTATION
 
                              PART A--RAIL
 
                         CHAPTER 111--OPERATIONS
 
                       SUBCHAPTER II--CAR SERVICE
 
Sec. 11122. Compensation and practice

    (a) The regulations of the Board on car service shall encourage the 
purchase, acquisition, and efficient use of freight cars. The 
regulations may include--
        (1) the compensation to be paid for the use of a locomotive, 
    freight car, or other vehicle;
        (2) the other terms of any arrangement for the use by a rail 
    carrier of a locomotive, freight car, or other vehicle not owned by 
    the rail carrier using the locomotive, freight car, or other 
    vehicle, whether or not owned by another carrier, shipper, or third 
    person; and
        (3) sanctions for nonobservance.

    (b) The rate of compensation to be paid for each type of freight car 
shall be determined by the expense of owning and maintaining that type 
of freight car, including a fair return on its cost giving consideration 
to current costs of capital, repairs, materials, parts, and labor. In 
determining the rate of compensation, the Board shall consider the 
transportation use of each type of freight car, the national level of 
ownership of each type of freight car, and other factors that affect the 
adequacy of the national freight car supply.

(Added Pub. L. 104-88, title I, Sec. 102(a), Dec. 29, 1995, 109 Stat. 
832.)


                            Prior Provisions

    A prior section 11122, Pub. L. 95-473, Oct. 17, 1978, 92 Stat. 1421; 
Pub. L. 96-448, title II, Sec. 224(a), Oct. 14, 1980, 94 Stat. 1929, 
related to use of and compensation for freight cars, prior to the 
general amendment of this subtitle by Pub. L. 104-88, Sec. 102(a).
