Repealed. Pub. L. 103–272, § 7(b), July 5, 1994, 108 Stat. 1379
About This Law
/us/usc/t45/s94 /us/usc/t45/s95
Title
45 — Railroads
Chapter
CH5
Release
119-84
Release Date
2026-04-17
Section Text
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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.
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