Amends the Regional Rail Reorganization Act of 1973 by changing the phrase "without regard to" to "adjusted to reflect" to describe the process of making adjustments to reflect stock splits and similar transactions that may occur after the time of distribution of securities.
Sets forth an adjustment formula for common stock issued pursuant to the Act.
Authorizes the Consolidated Rail Corporation to initially issue 35,000,000 series B preferred stock and as many shares of series B preferred and common stock for deposit as the Association shall certify to the Special Court.
Introduced in Senate
Measure called up by unanimous consent in Senate.
Measure considered in Senate.
Passed/agreed to in Senate: Measure passed Senate.
Measure passed Senate.
Measure called up by unanimous consent in House.
Measure considered in House.
Passed/agreed to in House: Measure passed House.
Measure passed House.
Measure enrolled in House.
Measure enrolled in Senate.
Measure presented to President.
Measure presented to President.
Signed by President.
Signed by President.
Public law 94-248.
Public law 94-248.
Enacted as Public Law 94-248
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