### Question
How does the law define financially responsible person?


### Answer
Under *45 U.S.C. § 825*, **financially responsible person** is defined as:

> a person who (i) is capable of paying the constitutional minimum value of the railroad line proposed to be acquired, and (ii) is able to assure that adequate transportation will be provided over such line for a period of not less than 3 years

#### Citation:
  - *45 U.S.C. § 825*
  - Heading: **CHAPTER 17-RAILROAD REVITALIZATION AND REGULATORY REFORM > SUBCHAPTER II-RAILROAD REHABILITATION AND IMPROVEMENT FINANCING**

