Liability for acts of officers and agents

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  7. Liability for acts of officers and agents

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§22109. 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.

( Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1301 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
22109 36:346 (1st sentence). Sept. 20, 1950, ch. 958, §6 (1st sentence), 64 Stat. 871 .

The words "acting within the scope of their authority" are added for clarity and consistency in the revised title.


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