South Carolina Statutes
§ 33-2-104 — Liability for preincorporation transactions.
All persons purporting to act as or on behalf of a corporation, when there has been no incorporation under Chapters 1 through 20 of this Title, are jointly and severally liable for all liabilities created while so acting, provided that any person so acting while believing in good faith that the articles have been filed shall not have any liability under this section.
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South Carolina § 33-2-104 (Liability for preincorporation transactions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: Derived from 1976 Code SECTION 33-7-60 [1962 Code SECTION 12-14.6; 1962 (52) 1996; 1981 Act No. 146, SECTION 2; Repealed, 1988 Act No. 444, SECTION 2]; 1988 Act No. 444, SECTION 2.
Nearby Sections
7
§ 33-2-101
Incorporators.§ 33-2-102
Articles of incorporation.§ 33-2-103
Incorporation.§ 33-2-105
Organization of corporation.§ 33-2-106
Bylaws.§ 33-2-107
Emergency bylaws.