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36 U.S.C. § 22311 — Liability for acts of officers and agents
submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 19 words · no verdicts yet
in plain englishAI-generated · not legal advice
The corporation is legally responsible for the actions of its officers and agents. This liability applies only when they act within the scope of their authority.
This section is short, but here is what it means. The corporation can be held legally responsible for things its officers and agents do. That responsibility only applies when the officer or agent is acting "within the scope of their authority." In plain words, that means they were doing their normal job duties, not acting outside what the corporation allows them to do. If an officer or agent acts outside that authority, this section does not say the corporation is responsible for it. This rule protects people who deal with the corporation through its officers and agents, because it tells them the corporation stands behind those actions.
the actual law source: uscode.house.gov ↗public domain
The corporation is liable for the acts of its officers and agents acting within the scope of their authority.
Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1304.)
history & why it existsrecord from the source credit
- 1998Enacted · Pub. L. 105-225 · 112 Stat. 1304
A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-225 on 1998-08-12.
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