### Question
What is the definition of financially responsible person?


### Answer
The definition of **financially responsible person** is as follows in *49 U.S.C. § 10907*:

> a person who—


(1) is capable of paying the constitutional minimum value of the railroad line proposed to be acquired

#### Citation:
  - *49 U.S.C. § 10907*
  - Heading: **SUBTITLE IV-INTERSTATE TRANSPORTATION > PART A-RAIL > CHAPTER 109-LICENSING**

