Regulations last checked for updates: May 01, 2025

Title 49 - Transportation last revised: Mar 20, 2025
§ 1242.01 - Expenses solely related to freight service and passenger service.

The Uniform System of Accounts for Railroad Companies (49 CFR part 1201) requires that carriers assign directly to freight service or to passenger service, including allied services, the expenses, taxes, and purchased services incurred solely for the benefit of either freight or passenger service.

authority: 49 U.S.C. 1321,11142
source: 43 FR 7637, Feb. 24, 1978, unless otherwise noted.
cite as: 49 CFR 1242.01