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36 USC § 40510 - Liability

USCPrelim is a preliminary release and may be subject to further revision before it is released again as a final version.

Current through Pub. L. 113-99. (See Public Laws for the current Congress.)

(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.

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, May 21, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

36 USCDescription of ChangeSession YearPublic LawStatutes at Large
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