U.S.C. Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDÂ ORGANIZATIONS 36 U.S.C. United States Code, 2023 Edition Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDÂ ORGANIZATIONS Subtitle II - Patriotic and National Organizations Part B - Organizations CHAPTER 405 - CONGRESSIONAL MEDAL OF HONOR SOCIETY OF THE UNITED STATES OF AMERICA Sec. 40510 - Liability From the U.S. Government Publishing Office, www.gpo.gov
§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.)
Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)
40510(a) 36:801. Aug. 14, 1958, Pub. L. 85–642, §§9(a) (1st sentence words after last comma), 11, 72 Stat. 599, 600.
40510(b) 36:799(a) (1st sentence words after last comma).