FEDERAL · 15 U.S.C. · Chapter 15B

Officials dealing in securities

Current through Pub. L. 119-102
Title 15Commerce and Trade·Ch. 15B — NATURAL GAS
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.

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15 U.S.C. § 717k (Officials dealing in securities) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Schneidewind v. ANR Pipeline Co.
485 U.S. 293 (Supreme Court, 1988)
487 case citations
United Gas Pipe Line Company v. Federal Energy Regulatory Commission
618 F.2d 1127 (Fifth Circuit, 1980)
2 case citations

Source Credit

History

(June 21, 1938, ch. 556, §12, 52 Stat. 827.)