§ 40510. Liability
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/usc/title-36/section-40510A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.)
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- Pub. L. 105–225
- 112 Stat. 1335
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§ 40510
Liability
Pub. L.Pub. L. 105–225
Stat.112 Stat. 1335
Cites 2Cited by 0 across 0 sources