Statutes > Idaho Statutes > TITLE 30 CORPORATIONS > CHAPTER 1 GENERAL BUSINESS CORPORATIONS > PART 2. INCORPORATION > 30-1-204 LIABILITY FOR PREINCORPORATION TRANSACTIONS.

30-1-204 LIABILITY FOR PREINCORPORATION TRANSACTIONS.

TITLE 30

CORPORATIONS

CHAPTER 1

GENERAL BUSINESS CORPORATIONS

PART 2.

INCORPORATION

30-1-204. Liability for preincorporation transactions. All persons purporting to act as or on behalf of a corporation, when there was no incorporation under this chapter, are jointly and severally liable for all liabilities created while so acting.