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Code · Massachusetts · Part I — ADMINISTRATION OF THE GOVERNMENT · Title XXII — CORPORATIONS · Chapter 156D

Section 2.04: Liability for pre-incorporation transactions

39 words·~1 min read·/ma/part-i/title-xxii/chapter-156d/2-4·

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Section 2.04. 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 shall be jointly and severally liable for all liabilities created while so acting.
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