15 USC § 717k - Officials dealing in securities

---
identifier: "/us/usc/t15/s717k"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 717k - Officials dealing in securities"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "717k"
section_name: "Officials dealing in securities"
chapter_number: 15
chapter_name: "NATURAL GAS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(June 21, 1938, ch. 556, § 12, 52 Stat. 827.)"
---


# § 717k. Officials dealing in securities

It shall be unlawful for any officer or director of any natural-gas company to receive for his own benefit, directly or indirectly, any money or thing of value in respect to the negotiation, hypothecation, or sale by such natural-gas company of any security issued, or to be issued, by such natural-gas company, or to share in any of the proceeds thereof, or to participate in the making or paying of any dividends, other than liquidating dividends, of such natural-gas company from any funds properly included in capital account.

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**Source Credit**: (June 21, 1938, ch. 556, § 12, 52 Stat. 827.)