Idaho Statutes

§ 30-29-204 — LIABILITY FOR PREINCORPORATION TRANSACTIONS

Idaho·Title 30 CORPORATIONS·Part 2 INCORPORATION·Ch. 29 GENERAL BUSINESS CORPORATIONS
All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this chapter, are jointly and severally liable for all liabilities created while so acting.

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Related

KDN Mgmt., Inc. v. Winco Foods, LLC
423 P.3d 422 (Idaho Supreme Court, 2018)
4 case citations

Legislative History

[30-29-204, added 2015, ch. 243, sec. 57, p. 906; am. 2019, ch. 90, sec. 18, p. 240.]

Nearby Sections

15
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