section 1203 of this titlesection 1204(a) of this titleIf the Secretary has not certified that the State has satisfied the conditions under within one year after the date of delivery of the report referred to in , the Secretary may dispose of the rail properties of the Alaska Railroad. Any disposal under this section shall give preference to a buyer or transferee who will continue to operate rail service, except that—
section 12 of the Act of January 2, 1976Public Law 94–20489 Stat. 1150section 606(d) of this title11 See References in Text note below. such preference shall not diminish or modify the rights of the Cook Inlet Region, Incorporated (as that term is used in (; )), pursuant to such section, as amended by ; and
section 606(d)(5) of this title1 this section shall not be construed to diminish or modify the powers of consent of the Secretary or the State under section 12(b)(8) of such Act, as amended by .
Any disposal under this section shall be subject to valid existing rights.
Pub. L. 97–468, title VI, § 61196 Stat. 2576(, , .)
Editorial Notes
References in Text
Section 12 of the Act of January 2, 1976section 12 of Pub. L. 94–20489 Stat. 1150section 1611 of Title 43, referred to in pars. (1) and (2), is , , , which is set out as a note under , Public Lands.
Section 606(d) of this titlesection 606(d) of title VI of Pub. L. 97–46896 Stat. 2566, referred to in pars. (1) and (2), means , , .