kcn:2022-27
Table of Contents
Corporate Personhood
An act of the National Assembly to restrict corporate personhood and to define legal responsibility.
Provisions
- No corporation shall be considered a person under the law
- The CEO and board of directors shall be responsible for all illegal activities of a corporation
- When a board or individual board members can demonstrate they were unaware of illegal activity of a corporation, such legal responsibility shall fall upon the CEO
- In all questions of responsibility for illegal acts, the CEO shall be held ultimately responsible if no others can be identified
- A valid defense to this section is if an employee acted outside of their responsibilities and thus committed an illegal act
- If an employee acted upon orders of a superior, that superior shall be held accountable in lieu of the employee
Authority
Nihil Obstat, High Court of Keithieopia
Imprimatur, ⊗ /HIH Keith/
Emperor of Keithieopia
2nd Dosmar 20 IY ⇔ February 1st, 2022 HY
kcn/2022-27.txt · Last modified: 2024/03/25 16:50 by 127.0.0.1