Massachusetts General Laws ch. 160 sec. 50 – Validity
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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.
Terms Used In Massachusetts General Laws ch. 160 sec. 50
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.