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§ 70111. 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

§ 70111. 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. 1349.)

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)
70111	36:5609.	Sept. 23, 1996, Pub. L. 104–201, title XVIII, § 1809, 110 Stat. 2762.

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