[§414D-34] Liability for preincorporation transactions.
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/hi/414d-34A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§414D-34] Liability for preincorporation transactions. All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this chapter, are jointly and severally liable for all liabilities created while so acting. [L 2001, c 105, pt of §1]