Sentence examples for liability statute from inspiring English sources

If an ICO involves any kind of paid promoter, without appropriate disclosure, the ICO will be violating Section 17(b), which is a strict liability statute.

Congress has not enacted a general civil aiding and abetting tort liability statute, but has instead taken a statute-by-statute approach to such liability.

"We are in virgin territory here," Mr. Corwin said, adding that plaintiffs "have gone on record as saying they are going to try to pierce the limited liability statute".

Ms. McGuire, who specializes in representing tenants, explained that the Fair Debt Collection Practices Act was a "strict liability" statute, meaning it does not matter whether someone who violates the law intended to do so or was acting in good faith.

Second, the vast majority of German strict liability statutes contain similar clauses on the monetary limits of liability per damage-inflicting incident.

Interpretations of that law, which dates to 1908, often influence the development of state negligence law as well as the application of other federal liability statutes.

In other systems, however (e.g., the Swiss), where the strict liability statutes do not contain the above-mentioned type of limitations, application of the ordinary law is excluded.

Strict liability statutes are proliferating the world over and survive alongside judge-made rules such as that enunciated by the English decision of Ryland v. Fletcher (1868), which held that anyone who in the course of "non-natural" use of his land accumulates thereon for his own purposes anything likely to do mischief if it escapes is answerable for all direct damage thereby caused.

Moreover, such is the monopoly of the legislator in this area that the courts have even restrained themselves from extending analogous strict liability statutes to similar situations (though other German-inspired systems e.g., the Austrian have not followed this route).

In many states, the certificates are coupled with employer liability statutes that say businesses cannot be held liable for negligence in knowingly hiring a person with a criminal record.

Defendants forgo defenses to liability, including statute of limitations pleas.