The prosecution, conviction, and punishment of a corporation under any provision of this chapter shall not be deemed to be a prosecution, conviction, or punishment of any of its officers, directors, or shareholders.
(Added by Stats. 1949, Ch. 386.)
Corp. Code § 29103, under Prohibited Activities.
Corp. Code § 29103
The prosecution, conviction, and punishment of a corporation under any provision of this chapter shall not be deemed to be a prosecution, conviction, or punishment of any of its officers, directors, or shareholders.
(Added by Stats. 1949, Ch. 386.)