Montana Statutes

§ 35-3-204 — Unauthorized Assumption Of Corporate Powers -- Liability

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 3 RELIGIOUS CORPORATIONS SOLE·Part 2 Formation and Operation
35-3-204 . Unauthorized assumption of corporate powers -- liability. All persons who assume to act as a corporation hereunder without authority so to do shall be jointly and severally liable for all debts and liabilities incurred or arising as the result thereof.

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Legislative History

En. Sec. 11, Ch. 301, L. 1967; R.C.M. 1947, 15-2411.

Nearby Sections

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