36 U.S. Code § 40510 - Liability

(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.

Source

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1335.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
40510(a)
36:801.
Aug. 14, 1958, Pub. L. 85–642, §§ 9(a) (1st sentence words after last comma), 11, 72 Stat. 599, 600.
40510(b)
36:799(a) (1st sentence words after last comma).

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

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36 USCDescription of ChangeSession YearPublic LawStatutes at Large

 

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