49 CFR 1325.1: Extension of unsecured credit prohibited.
Where this section sits in the code
- Title 49—Transportation
- Subtitle B—Other Regulations Relating to Transportation
- CHAPTER X—SURFACE TRANSPORTATION BOARD
- SUBCHAPTER D—CARRIER RATES AND SERVICE TERMS
- PART 1325—EXTENSION OF CREDIT TO CANDIDATES FOR FEDERAL OFFICE OR THEIR REPRESENTATIVES
Persons subject to regulation by the Surface Transportation Board shall not knowingly and willfully provide, for candidates for Federal office or their representatives, service or goods related to their campaign without obtaining either prepayment or a binding guarantee of payment through a sufficient deposit, bond, collateral, or other means of security. The extension of credit to such persons shall not exceed the amount of the security posted.
Collected 2026-08-27T02:26:34Z. Source file · JSON