§ 21011. Liability for acts of officers and agents

Type Statute
Publication 2024-04-08
State In force
Department United States Congress
Source OLRC
Reform history JSON API
§ 21011. 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(5)(A), Nov. 3, 1998, 112 Stat. 3244.)

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

Historical and Revision Notes
RevisedSection Source (U.S. Code) Source (Statutes at Large)
21011 36 App.:5909. Aug. 13, 1998, Pub. L. 105–231, § 9, 112 Stat. 1532.

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