United States Railway Association Law and Legal Definition
The United States Railway Association (“Association”) was a nonprofit organization governed by the Regional Rail Reorganization Act (Act). The Association was directed by a board of directors. The following were the purposes of the Association :
1.To monitor the financial performance of the Association ;
2.To review the goals and requirements of the Act;
3.To purchase or acquire or receive, and hold and dispose of securities.
The Association was exempted from all taxation imposed by the U.S. The board of directors of the Association adopted the following procedures to ensure :
1.The railway contractors, including law firms, provided reports containing written verification of tasks assigned, work performed, time worked, and costs incurred;
2.The reports were audited by the Association;
3. The Association applied procedures uniformly to all contractors.
However, the Association was abolished on January 1, 1987 by Congress. [45 USCS § 1341].
Legal Definition list
- United States Qualifying Tribal Entity
- United States Public Health Service (PSH)
- United States Presidential Nominating Convention
- United States Postal Service
- United States Postal Inspection Service
- United States Railway Association
- United States Refugee Program [USRP]
- United States Secret Service
- United States Secretary of Defense
- United States Senate Committee on Appropriations
- United States Senate Committee on Small Business and Entrepreneurship
Related Legal Terms
- Accompanying the Armed Forces outside the United States
- Accompanying the Federal Government Outside the United States
- Adamson Railway Labor Act
- Administration of Estates
- Administrative Conference of the United States
- Administrative Office of the United States Courts (AO)
- Agency of the United States
- Agricultural Association
- Ally of Enemy of the United States
- American Arbitration Association
