Liability for acts of officers and agents

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§20211. Liability for acts of officers and agents

The corporation is liable for the acts of its officers and agents acting within the scope of their authority.

(Added Pub. L. 105–354, §1(4)(A), Nov. 3, 1998, 112 Stat. 3241 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
20211 36 App.:5809. Nov. 18, 1997, Pub. L. 105–85, title XV, §1509, 111 Stat. 1965 .

The words "officers and agents" are substituted for "officers, directors, employees, and agents" for consistency in the revised title and to eliminate unnecessary words.


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