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U.S. Code, Title 2, the Congress
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General SummaryThe U.S. Code is a consolidation and codification by subject matter of the general and permanent laws of the United States. While every effort has been made to ensure that this reproduction of the Code is accurate, those using it for legal purposes should verify their results against the printed version of the Code available through the Government Printing Office.
§ 451. Extension of Credit by Regulated Industries; Regulations
The Secretary of Transportation, the Federal Communications Commission, and the Surface Transportation Board shall each maintain,1 its own regulations with respect to the extension of credit, without security, by any person regulated by the Secretary under subpart II of part A of subtitle VII of title 49, or such Commission or Board, to any candidate for Federal office, or to any person on behalf of such a candidate, for goods furnished or services rendered in connection with the campaign of such candidate for nomination for election, or election, to such office.
1 So in original. The comma probably should not appear.
(Pub. L. 92–225, title IV, § 401, Feb. 7, 1972, 86 Stat. 19; Pub. L. 93–443, title II, § 201(b)(1), Oct. 15, 1974, 88 Stat. 1275; Pub. L. 103–272, § 4(a), July 5, 1994, 108 Stat. 1360; Pub. L. 104–88, title III, § 313, Dec. 29, 1995, 109 Stat. 948; Pub. L. 104–287, § 6(g), Oct. 11, 1996, 110 Stat. 3399.)
References in Text
Subpart II of part A of subtitle VII of title 49, referred to in text, is set out in section 41101 et seq. of Title 49, Transportation.
1996—Pub. L. 104–287 substituted "the Secretary" for "such Secretary".
1995—Pub. L. 104–88 inserted "or Board" after "or such Commission" and substituted "Surface Transportation Board shall each maintain" for "Interstate Commerce Commission shall each promulgate, within ninety days after February 7, 1972".
1994—Pub. L. 103–272 substituted "Secretary of Transportation" for "Civil Aeronautics Board" and "Secretary under subpart II of part A of subtitle VII of title 49, or such Commission," for "Board or Commission".
1974—Pub. L. 93–443 struck out "(as such term is defined in section 431(c) of this title)" after "Federal office".
Effective Date of 1995 Amendment
Amendment by Pub. L. 104–88 effective Jan. 1, 1996, see section 2 of Pub. L. 104–88, set out as an Effective Date note under section 701 of Title 49, Transportation.
Effective Date of 1974 Amendment
Amendment by Pub. L. 93–443 effective Jan. 1, 1975, see section 410(a) of Pub. L. 93–443, set out as a note under section 431 of this title.
Contents:
Chicago: "U.S. Congress, Office of the Law Revision Counsel", "§ 451. Extension of Credit by Regulated Industries; Regulations," U.S. Code, Title 2, the Congress in U.S. Code, Title 2, the Congress (Washington, D.C.: Government Printing Office, 2002), Original Sources, accessed May 11, 2025, http://www.originalsources.com/Document.aspx?DocID=L2L1MUEKM5EK7FH.
MLA: "U.S. Congress, Office of the Law Revision Counsel". "§ 451. Extension of Credit by Regulated Industries; Regulations." U.S. Code, Title 2, the Congress, in U.S. Code, Title 2, the Congress, Washington, D.C., Government Printing Office, 2002, Original Sources. 11 May. 2025. http://www.originalsources.com/Document.aspx?DocID=L2L1MUEKM5EK7FH.
Harvard: "U.S. Congress, Office of the Law Revision Counsel", '§ 451. Extension of Credit by Regulated Industries; Regulations' in U.S. Code, Title 2, the Congress. cited in 2002, U.S. Code, Title 2, the Congress, Government Printing Office, Washington, D.C.. Original Sources, retrieved 11 May 2025, from http://www.originalsources.com/Document.aspx?DocID=L2L1MUEKM5EK7FH.
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