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Code · Nebraska · Chapter 21 — Corporations and Other Companies

21-222. Liability for preincorporation transactions.

38 words·~1 min read·/ne/chapter-21/21-222

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(MBCA 2.04) All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under the Nebraska Model Business Corporation Act, are jointly and severally liable for all liabilities created while so acting.
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