15 U.S.C. § 717k

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
Section 717k - Officials dealing in securities

It shall be unlawful for any officer or director of any natural-gas company to receive for his own benefit, directly or indirectly, any money or thing of value in respect to the negotiation, hypothecation, or sale by such natural-gas company of any security issued, or to be issued, by such natural-gas company, or to share in any of the proceeds thereof, or to participate in the making or paying of any dividends, other than liquidating dividends, of such natural-gas company from any funds properly included in capital account.

15 U.S.C. § 717k

June 21, 1938, ch. 556, §12, 52 Stat. 827.
Natural-gas company
"Natural-gas company" means a person engaged in the transportation of natural gas in interstate commerce, or the sale in interstate commerce of such gas for resale.