State Railroad Infrastructure Bank

Act 165 of 2004, § 3, under STATE RAILROAD INFRASTRUCTURE ACT - ENACTMENT.

Act 165 of 2004, § 3

Section 3. State Railroad Infrastructure Bank.

The State Railroad Infrastructure Bank is established as an economic development program and shall be administered by the department in order to provide low-interest loans to railroads or their customers, or both, for the financing of rail freight infrastructure.