---
kind: "section"
citation: "45 U.S.C. § 1302"
title: "45"
title_heading: "Railroads"
number: "1302"
heading: "Purposes"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/45/1302"
units:
  - "Chapter 22 — Conrail Privatization"
  - "Subchapter I — General Provisions"
---

# §1302. Purposes


The purposes of this chapter are to transfer the interest of the United States in the common stock of the [Corporation](/usc/45/1303.md?p=5) to the private sector in a manner that provides for the long-term viability of the [Corporation](/usc/45/1303.md?p=5), provides for the continuation by the [Corporation](/usc/45/1303.md?p=5) of its rail service in the Northeast and Midwest, provides for the protection of the public interest in a sound rail transportation system, and, to the extent not inconsistent with such purposes, secures the maximum proceeds to the United States.


## Source credit

(Pub. L. 99–509, title IV, § 4003, Oct. 21, 1986, 100 Stat. 1893.)