---
type: "LegalText"
title: "45 U.S.C. § 1302"
description: "Purposes"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 45
title_name: "RAILROADS"
chapter_number: "22"
chapter_name: "CONRAIL PRIVATIZATION"
section: "1302"
citation: "45 U.S.C. § 1302"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc45@119-100.zip"
source_identifier: "/us/usc/t45/s1302"
source_file: "data/legal/raw/us/code/title-45/usc45.xml"
source_hash: "f77a04ffbe19919fadca2985912042933adbec5f7cbd88d7fc29d899c50eccf4"
raw_snapshot_hash: "6ff04cb352e22f8a18f24c94e9adb8036909cf2a75f41489d768a5934fb9667c"
text_hash: "5bb9f16a7c3b135c319dc0e29739cf1852a40b30617df20b2687946de5e1bc5e"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 45 U.S.C. § 1302 - Purposes

## Text

The purposes of this chapter are to transfer the interest of the United States in the common stock of the Corporation to the private sector in a manner that provides for the long-term viability of the Corporation, provides for the continuation by the Corporation of its rail service in the Northeast and Midwest, provides for the protection of the public interest in a sound rail transportation system, and, to the extent not inconsistent with such purposes, secures the maximum proceeds to the United States.

(Pub. L. 99–509, title IV, § 4003, Oct. 21, 1986, 100 Stat. 1893.)