7 Pa. Stat. § 6510

Current through Pa Acts 2024-53, 2024-56 through 2024-92

Section 6510 - Liability of officer or director upon contracts

No officer or director of the corporation, whether appointed or elected, is personally liable upon any of its contracts legally entered into on behalf of the corporation unless the same by its terms shall expressly obligate him or them.

7 P.S. § 6510

1979, April 6, P.L. 17, No. 5, § 10, effective in 60 days.