StacksVerified U.S. federal law reference

45 U.S.C. § 1313 — Fees

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov
  1. (a)Investment banking firm feesThe Secretary of Transportation, in consultation with the Secretary of the Treasury, shall agree to pay to investment banking firms and other persons participating with such firms in the public offering the absolute minimum amount in fees necessary to carry out the public offering.
  2. (b)Costs of public offeringAll costs of the public offering payable by the Secretary of Transportation shall be paid from the proceeds of the public offering.