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U.S Code last checked for updates: Nov 22, 2024
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Title 36
Subtitle II
Part B
Chapter 405
§ 40509. Service of process...
§ 40511. Distribution of assets ...
§ 40509. Service of process...
§ 40511. Distribution of assets ...
U.S. Code
Notes
§ 40510.
Liability
(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
.)
cite as:
36 USC 40510
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