35-2-215. Liability for preincorporation transactions.
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/mt/title-35/chapter-2/part-2/35-2-215·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
35-2-215 . Liability for preincorporation transactions. A person who purports to act as or on behalf of a corporation but who knows that there was no incorporation under this chapter is jointly and severally liable for all liabilities created while so acting.