Statute · United States Code
45 U.S.C. § 94,_95 — Repealed. Pub. L. 103–272, §7(b), July 5, 1994, 108 Stat. 1379
45 U.S.C. § 94
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
Section 94, act Mar. 3, 1887, ch. 345, §4, 24 Stat. 491, authorized Secretary of the Treasury, whenever deemed necessary by President, to redeem liens, mortgages, or other incumbrances paramount to right, title, or interest of United States in railroad property. Section 95, act Mar. 3, 1887, ch. 345, §5, 24 Stat. 492, related to permissible investments of sinking funds held to secure debts of railroad companies to United States.
Citator
45 U.S.C. § 94,_95 — Repealed. Pub. L. 103–272, §7(b), July 5, 1994, 108 Stat. 1379 is no longer in force, at least in part: it has been repealed, held unconstitutional or otherwise invalidated.
Section 94, act Mar. 3, 1887, ch. 345, §4, 24 Stat. 491, authorized Secretary of the Treasury, whenever deemed necessary by President, to redeem liens, mortgages, or other incumbrances paramount to right, title, or interest of United States in railroad property. Section 95, act Mar. 3, 1887, ch. 345, §5, 24 Stat. 492, related to permissible investments of sinking funds held to secure debts of railroad companies to United States.