36 USC § 40510 - Liability

---
identifier: "/us/usc/t36/s40510"
source: "usc"
legal_status: "official_legal_evidence"
title: "36 USC § 40510 - Liability"
title_number: 36
title_name: "PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS"
section_number: "40510"
section_name: "Liability"
chapter_number: 405
chapter_name: "CONGRESSIONAL MEDAL OF HONOR SOCIETY OF THE UNITED STATES OF AMERICA"
part_number: "B"
part_name: "Organizations"
positive_law: true
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1335.)"
---


# § 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.

---

**Source Credit**: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1335.)

| RevisedSection | 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). |  |