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January 16, 2026 Clouds | 20°F
The 194th General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XXII CORPORATIONS
  4. Chapter 160 RAILROADS
  5. Section 50 Validity

Section 50

Section 50: Validity

Section 50. All bonds or notes issued by a railroad corporation shall be valid and binding, although negotiated and sold by it or its agents at less than par.