The Board may prescribe a uniform accounting system for classes of rail carriers providing transportation subject to the jurisdiction of the Board under this part. To the maximum extent practicable, the Board shall conform such system to generally accepted accounting principles, and shall administer this subchapter in accordance with such principles.
Pub. L. 104–88, title I, § 102(a)109 Stat. 834 (Added , , .)
Editorial Notes
Prior Provisions
Pub. L. 95–47392 Stat. 1425 Pub. L. 96–448, title III, § 30194 Stat. 1934 Pub. L. 104–88, § 102(a)A prior section 11142, , , ; , , , related to uniform accounting system, prior to the general amendment of this subtitle by .
Statutory Notes and Related Subsidiaries
Effective Date
Pub. L. 104–88section 2 of Pub. L. 104–88section 1301 of this titleSection effective , except as otherwise provided in , see , set out as a note under .