Us Code § 668 - Guarantee fees; amount; deposit
Full text of Us Code United States Code § 668 — Guarantee fees; amount; deposit, with citation guidance and answers to common questions.
§ 668. Guarantee fees; amount; deposit
The Secretary shall prescribe a guarantee fee in connection with each loan guaranteed under this chapter which shall be collected from the railroad upon repayment of the loan guaranteed. Such fee shall be in an amount that the Secretary estimates to be necessary to cover the administrative costs of carrying out the provisions of this chapter with respect to such loan. Sums realized from such fees shall be deposited in the Treasury as miscellaneous receipts.
(Pub. L. 91–663, §9, Jan. 8, 1971, 84 Stat. 1978.)
About This Section
45 U.S.C. § 668 is part of Title 45 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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