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36 U.S.C. 40510: LiabilityText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 36-PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSCHAPTER 405-CONGRESSIONAL MEDAL OF HONOR SOCIETY OF THE UNITED STATES OF AMERICA
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§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

Section

Source (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).