---
kind: "section"
citation: "49 C.F.R. § 1180.20"
title: "49"
number: "1180.20"
heading: "Procedures."
url: "https://uscodex.org/cfr/49/1180.20"
---

# §1180.20. Procedures.

- (a) Transactions under [11 U.S.C. 1172](/usc/11/1172.md), for the transfer or operation of lines of bankrupt railroads under a plan of reorganization are governed by the following procedures:
  - (1) If the buyer or operator is not a carrier, the Notice of Exemption procedures in [subpart D of part 1150 of this title](/cfr/49/part1150-subpartD.md).
  - (2) If the buyer or operator is a carrier, either:
    - (i) The application procedures in subpart A of this part; or,
    - (ii) The procedures in [part 1121 of this title](/cfr/49/part1121.md) for a petition to exempt the transaction from prior approval requirements of [49 U.S.C. 11323](/usc/49/11323.md) et seq.
- (b) The Board will establish or modify its existing procedures and deadlines as necessary in each proceeding to comply with appropriate orders of the Bankruptcy Court.
- (c) Under [11 U.S.C. 1172(c)(1)](/usc/11/1172.md?p=c-1), the Board is required to provide affected employees with adequate protection. The Board will impose the minimum levels required by [49 U.S.C. 11326](/usc/49/11326.md), unless a need is shown for greater levels of protection.
- (d) All applications, notices, and petitions for exemption within the scope of [§ 1180.20(a)](#a) shall advise the Board that the proposed transaction involves the transfer or operation of lines in reorganization.

## Notes

### Amendments

[57 FR 57112, Dec. 3, 1992; 57 FR 61585, Dec. 28, 1992, as amended at 62 FR 9717, Mar. 4, 1997]

### Authority

Authority: 5 U.S.C. 553 and 559; 11 U.S.C. 1172; 49 U.S.C. 1321, 10502, 11323-11325.

### Amendments

[57 FR 57112, Dec. 3, 1992; 57 FR 61585, Dec. 28, 1992, as amended at 62 FR 9717, Mar. 4, 1997]