StacksVerified U.S. regulatory reference

36 U.S.C. § 40510

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
  1. (a)The corporation is liable for the acts of its officers and agents acting within the scope of their authority.
  2. (b)A member or private individual is not liable for the obligations of the corporation.