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.

(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.