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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 24 Liability of directors and agents of corporation us united_states_code code_section 15 COMMERCE AND TRADE 1 MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE 24 15 U.S.C. § 24 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s24 data/legal/raw/us/code/title-15/usc15.xml 6be209fe4fc2da24bb5f4e5b6f70dc26955ce464858c8b74994e65a6c7d2c075 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 986f02c964a16ec10b48c802a4494a3649889dc520c313741e5db3e53c5e1f55 2026-07-04 official
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15 U.S.C. § 24 - Liability of directors and agents of corporation

Text

Whenever a corporation shall violate any of the penal provisions of the antitrust laws, such violation shall be deemed to be also that of the individual directors, officers, or agents of such corporation who shall have authorized, ordered, or done any of the acts constituting in whole or in part such violation, and such violation shall be deemed a misdemeanor, and upon conviction therefor of any such director, officer, or agent he shall be punished by a fine of not exceeding $5,000 or by imprisonment for not exceeding one year, or by both, in the discretion of the court.

(Oct. 15, 1914, ch. 323, § 14, 38 Stat. 736.)

Notes

Editorial Notes

References in TextThe antitrust laws, referred to in text, are defined in section 12 of this title.