[§414-34] Liability for pre-incorporation transactions.
44 words·~1 min read·
/hi/chapter-414/414-34A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§414-34] Liability for pre-incorporation 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 2000, c 244, pt of §1]