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15 U.S.C. · Commerce and Trade
15 U.S.C. § 24

Liability of directors and agents of corporation

Ch. 1 — MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 1
Statutory Text

15 U.S.C. § 24 — Liability of directors and agents of corporation

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 1 - MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE Sec. 24 - Liability of directors and agents of corporation From the U.S. Government Publishing Office, www.gpo.gov

§24. Liability of directors and agents of corporation

Whenever a corporation shall violate any of the penal provisions of the antitrust laws, such violation shall be deemed to be also that of the individual directors, officers, or agents of such corporation who shall have authorized, ordered, or done any of the acts constituting in whole or in part such violation, and such violation shall be deemed a misdemeanor, and upon conviction therefor of any such director, officer, or agent he shall be punished by a fine of not exceeding $5,000 or by imprisonment for not exceeding one year, or by both, in the discretion of the court.

(Oct. 15, 1914, ch. 323, §14, 38 Stat. 736.)

Editorial Notes

References in Text The antitrust laws, referred to in text, are defined in section 12 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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15 U.S.C. § 24
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The statutory text of 15 U.S.C. § 24 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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Ch. 1 — MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE
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