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2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 160 - Railroads
Section 68 - Acquisition, Retention, Sale or Guarantee of Other's Bonds or Notes
Universal Citation: MA Gen L ch 160 § 68 (2019)
Section 68. A corporation owning a railroad connecting with another railroad, both of which are wholly constructed, or a corporation owning a railroad leasing, operating or controlling another railroad, may acquire, hold, sell and, upon such terms and to such an extent as may be authorized by a vote at a meeting called therefor, may guarantee the bonds or notes of such other railroad, whether such other railroad is located within or without this commonwealth; provided, that such bonds or notes are issued in conformity with law.
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