15-U.S.C.-24

§24 – Liability of Directors and Agents of Corporation

Pathway

Title 15 > Chapter 1 > Section 24

Details

• Reference: Section 24
• Legend: §24 – Liability of Directors and Agents of Corporation
• USCode Year: 2013

Provision Content

Whenever a corporation shall violate any of the penal provisions of the antitrust laws, such violation shall be deemed to be also that of the individual directors, officers, or agents of such corporation who shall have authorized, ordered, or done any of the acts constituting in whole or in part such violation, and such violation shall be deemed a misdemeanor, and upon conviction therefor of any such director, officer, or agent he shall be punished by a fine of not exceeding $5,000 or by imprisonment for not exceeding one year, or by both, in the discretion of the court.

(Oct. 15, 1914, ch. 323, §14, 38 Stat. 736.)

References in Text

The antitrust laws, referred to in text, are defined in section 12 of this title.

U.S. Encyclopedia of Law Coverage

15-U.S.C.-13C in the Legal Encyclopedia: Trade Law

In this entry about 15-U.S.C.-13C, find legal reference material, bibliographies and premiere content related to trade law in the American Encyclopedia of Law, presenting a comprehensive view of the United States trade law-specific issues, written by authorities in the field.

15-U.S.C.-15 in the Legal Encyclopedia: Restraint of Trade

In this entry about 15-U.S.C.-15, find legal reference material, bibliographies and premiere content related to restraint of trade in the American Encyclopedia of Law, presenting a comprehensive view of the United States restraint of trade-specific issues, written by authorities in the field.

Topic Map

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