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Section 39-11-404 - Corporate liability — Tennessee Law | CourtGPT
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  7. Section 39-11-404 - Corporate liability
Tennessee Legal Code

Section 39-11-404 - Corporate liability

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(a) A corporation commits an offense when:(1) The conduct constituting the offense consists of an intentional failure to discharge a specific duty imposed upon corporations by criminal law;(2) The conduct constituting the offense is engaged in, authorized, commanded or knowingly tolerated by the board of directors or by a high managerial agent acting within the scope of the agent's employment on behalf of the corporation; or(3) The conduct constituting the offense is engaged in by an agent of the corporation acting within the scope of the agent's employment and on behalf of the corporation, and: (A) The offense is a misdemeanor; or(B) The offense is one defined by statute which indicates a legislative intent to impose criminal liability on a corporation.(b) The following definitions apply in this part, unless the context requires otherwise: (1) 'Agent' means any officer, director, servant or employee of the corporation or any other person authorized to act on behalf of the corporation; and(2) 'High managerial agent' means an officer of a corporation or any other agent of a corporation who has duties or such responsibility that the agent's conduct reasonably may be inferred to

tion; and(2) 'High managerial agent' means an officer of a corporation or any other agent of a corporation who has duties or such responsibility that the agent's conduct reasonably may be inferred to represent the policy of the corporation.Acts 1989, ch. 591, § 1.