Montana Statutes

§ 35-2-215 — Liability For Preincorporation Transactions

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 2 NONPROFIT CORPORATIONS·Part 2 Formation -- Articles of Incorporation Bylaws -- Amendments
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.

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Montana § 35-2-215 (Liability For Preincorporation Transactions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 24, Ch. 411, L. 1991.

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