Pub. L. 91-518, tit. III, sec. 305

GENERAL POWERS OF THE CORPORATION.

EnactedYear: 1970Length: 165 wordsOfficial source
SEC. 305. GENERAL POWERS OF THE CORPORATION. The Corporation is authorized to own, manage, operate, or contract for the operation of intercity trains operated for the purpose of providing modern, efficient, intercity transportation of passengers and to carry mail and express on such trains; to conduct research and development related to its mission; and to acquire by construction, purchase, or gift, or to contract for the use of, physical facilities, equipment, and devices necessary to rail passenger operations. The Corporation shall, consistent with prudent management of the affairs of the Corporation, rely upon railroads to provide the employees necessary to the operation and maintenance of its passenger trains and to the performance of all services and work incidental thereto, to the extent the railroads are able to provide such employees and services in an economic and efficient manner. To carry out its functions and purposes, the Corporation shall have the usual powers conferred upon a stock corporation by the District of Columbia Business Corporation Act.
Pub. L. 91-518, tit. III, sec. 305: GENERAL POWERS OF THE CORPORATION. | Justis AI