Notwithstanding the requirements of section 22902 of this chapter, the Secretary of Transportation may approve the use of a capital assistance grant under this chapter to fund self-insured retention of risk for the first tier of liability insurance coverage for rail passenger service associated with the grant, but the coverage may not exceed $20,000,000 per occurrence or $20,000,000 in aggregate per year.
Pub. L. 110–432, div. B, title III, § 301(a)122 Stat. 4942Pub. L. 115–420, § 7(a)(1)132 Stat. 5445(Added , , , § 24404; renumbered § 22904 and amended , (b)(2)(B), , , 5446.)
Editorial Notes
Amendments
Pub. L. 115–420section 24404 of this title2019— renumbered as this section and substituted “section 22902” for “section 24402”.