49 U.S.C. § 11328 — Restrictions on officers and directors
submitted 31 years ago by Pub. L. 104-88 to r/title-49-TRANSPORTATION · 76 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
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.
This section shall not apply to an individual holding the position of officer or director only of Class III rail carriers.
Source credit: (Added Pub. L. 104–88, title I, § 102(a), Dec. 29, 1995, 109 Stat. 843.)
- 1995Enacted · Pub. L. 104-88 · 109 Stat. 843
A history note hasn’t been published yet. The record shows enactment by Pub. L. 104-88 on 1995-12-29.
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