--- type: "LegalText" title: "36 U.S.C. § 40510" description: "Liability" jurisdiction: "us" corpus: "united_states_code" kind: "code_section" title_number: 36 title_name: "PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS" chapter_number: "405" chapter_name: "CONGRESSIONAL MEDAL OF HONOR SOCIETY OF THE UNITED STATES OF AMERICA" section: "40510" citation: "36 U.S.C. § 40510" 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_usc36@119-100.zip" source_identifier: "/us/usc/t36/s40510" source_file: "data/legal/raw/us/code/title-36/usc36.xml" source_hash: "b41eb417334cc574d49e6f0e675ef482453a05a436e1c0baf0a7f4990cf0e400" raw_snapshot_hash: "d8bb3c94f12bbd56e49d7a2bc029b1f4ab0bb8b69327e9ddbdf94d7adcac580d" text_hash: "92617de5acb16f5da9dedf4a43292d4b506f8652a60507977d0a16e14eb4bfa3" retrieved_at: "2026-07-04" confidence: "official" tags: ["legal", "us-code"] --- # 36 U.S.C. § 40510 - Liability ## Text (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. (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1335.) ## Notes Historical and Revision Notes RevisedSectionSource (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).