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The corporation is liable for the acts of its officers and agents acting within the scope of their authority.
Historical and Revision Notes
Source (U.S. Code)
Source (Statutes at Large)
36:346 (1st sentence).
Sept. 20, 1950, ch. 958, § 6 (1st sentence), 64 Stat. 871.
The words “acting within the scope of their authority” are added for clarity and consistency in the revised title.
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