---
type: "LegalText"
title: "15 U.S.C. § 717k"
description: "Officials dealing in securities"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 15
title_name: "COMMERCE AND TRADE"
chapter_number: "15B"
chapter_name: "NATURAL GAS"
section: "717k"
citation: "15 U.S.C. § 717k"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip"
source_identifier: "/us/usc/t15/s717k"
source_file: "data/legal/raw/us/code/title-15/usc15.xml"
source_hash: "d84e1fbe333f6555e2d9984e1e31f27cd0ab7d0566ec290c94005da5707cf1b9"
raw_snapshot_hash: "6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059"
text_hash: "4cb147f1813cffbc74d2b82b1209fc697e75a8107f30becbba2f2d92a59cb43d"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 15 U.S.C. § 717k - Officials dealing in securities

## Text

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.

(June 21, 1938, ch. 556, § 12, 52 Stat. 827.)