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2019 US Code
Title 15 - Commerce and Trade
Chapter 1 - Monopolies and Combinations in Restraint of Trade
Sec. 24 - Liability of directors and agents of corporation
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| 15 U.S.C. § 24 (2019) |
| §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. |
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(Oct. 15, 1914, ch. 323, §14, 38 Stat. 736.) |
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REFERENCES IN TEXT
The antitrust laws, referred to in text, are defined in section 12 of this title. |
| United States Code, 2018 Edition, Supplement 1, Title 15 - COMMERCE AND TRADE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 15 - COMMERCE AND TRADE CHAPTER 1 - MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE Sec. 24 - Liability of directors and agents of corporation |
| section 24 |
| 2019 |
| January 24, 2020 |
| No |
| standard |
| 38 Stat. 736 |
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