Title 15 — Commerce and TradeRelease 119-73
§24 Liability of directors and agents of corporation
Title 15 › Chapter CHAPTER 1— - MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE › § 24
Summary
If a company breaks the criminal parts of the antitrust laws, directors, officers, or agents who authorized, ordered, or took part in the acts are treated as having committed a misdemeanor. If convicted, they can be fined up to $5,000, jailed up to one year, or both.
Full Legal Text
Title 15, §24
Commerce and Trade — Source: USLM XML via OLRC
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.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
The antitrust laws, referred to in text, are defined in section 12 of this title.
Reference
Citations & Metadata
Citation
15 U.S.C. § 24
Title 15 — Commerce and Trade
Last Updated
Apr 6, 2026
Release point: 119-73