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Commerce and Trade - 15 USC Section 24

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01/03/05

Sec. 24. Liability of directors and agents of corporation


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.

Last modified: June 14, 2006