79-11-141 - Liability for purporting to act for corporation where incorporation has not occurred.
§ 79-11-141. Liability for purporting to act for corporation where incorporation has not occurred.
All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under Section 79-11-101 et seq., are jointly and severally liable for all liabilities created while so acting.
Sources: Laws, 1987, ch. 485, § 21, eff from and after January 1, 1988.