36-U.S.C.-40510

36-U.S.C.-40510

§40510 – Liability

Pathway

Title 36 > Subtitle II > Part B > Chapter 405 > Section 40510

Details

  • Reference: Section 40510
  • Legend: §40510 – Liability
  • USCode Year: 2013

Provision Content

(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.

(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).  

U.S. Encyclopedia of Law Coverage

36-U.S.C.-40110 in the Legal Encyclopedia: Patriotic Organizations

In this entry about 36-U.S.C.-40110, find legal reference material, bibliographies and premiere content related to patriotic organizations in the American Encyclopedia of Law, presenting a comprehensive view of the United States patriotic organizations-specific issues, written by authorities in the field.

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