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2026-07-06 10:51:44 -04:00

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LegalText 49 U.S.C. § 11161 Implementation of cost accounting principles us united_states_code code_section 49 TRANSPORTATION 111 OPERATIONS 11161 49 U.S.C. § 11161 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc49@119-100.zip /us/usc/t49/s11161 data/legal/raw/us/code/title-49/usc49.xml 96c731f539ad7d55efc22ad4b2b544f4450b6f4894ce00832395d4ad8556f567 0786acdd244d8f42c5a8e8ed1ec2a8dcb47dd0e02a286752710a20745702a4fb 72117cb914940e02f688f26c0db48716459a909b601a17dd94fbb3b71481bd82 2026-07-04 official
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49 U.S.C. § 11161 - Implementation of cost accounting principles

Text

The Board shall periodically review its cost accounting rules and shall make such changes in those rules as are required to achieve the regulatory purposes of this part. The Board shall insure that the rules promulgated under this section are the most efficient and least burdensome means by which the required information may be developed for regulatory purposes. To the maximum extent practicable, the Board shall conform such rules to generally accepted accounting principles.

(Added Pub. L. 10488, title I, § 102(a), Dec. 29, 1995, 109 Stat. 835.)

Notes

Editorial Notes

Prior ProvisionsProvisions similar to those in this section were contained in section 11163 of this title prior to the general amendment of this subtitle by Pub. L. 10488, § 102(a). A prior section 11161, added Pub. L. 96448, title III, § 302(a), Oct. 14, 1980, 94 Stat. 1934, related to Railroad Accounting Principles Board, prior to the general amendment of this subtitle by Pub. L. 10488, § 102(a).

Statutory Notes and Related Subsidiaries

Effective DateSection effective Jan. 1, 1996, except as otherwise provided in Pub. L. 10488, see section 2 of Pub. L. 10488, set out as a note under section 1301 of this title.