@Mark Dygert Might the script you're remembering be called TurboReverse? https://mariussilaghi.com/products/turboreverse There's also this: https://mariussilaghi.com/products/subd-recovery
It shouldn't take tooo much effort to script it (planar project from origin then offset by the object's position). But yeah, shame it's not like that straight up.
Just tried the scripts and they work only on a library of function that is outdated and no longer available anyway planned for max 4 ... so is there another way atm ?
This one's pretty old, but it might work? http://www.scriptspot.com/3ds-max/scripts/copy-replace Do a search for "reference" on Scriptspot to find more.