Statute · United States Code
36 U.S.C. § 40510 — Liability
36 U.S.C. § 40510
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- general
(a) Liability of Corporation.—The corporation is liable for the acts of its officers and agents acting within the scope of their authority. (b) Immunity of Individuals.—A member or private individual is not liable for the obligations of the corporation.
Citator
36 U.S.C. § 40510 — Liability is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Liability of Corporation.—The corporation is liable for the acts of its officers and agents acting within the scope of their authority. (b) Immunity of Individuals.—A member or private individual is not liable for the obligations of the corporation.