Tennessee Statutes
§ 48-52-104 — Liability for preincorporation transactions
Tennessee·Title 48
All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under chapters 51-68 of this title, are jointly and severally liable for all liabilities created while so acting, except for any liability to any person who knew or reasonably should have known that there was no incorporation.
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Tennessee § 48-52-104 (Liability for preincorporation transactions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1987, ch. 242, § 2.04.
Nearby Sections
15
§ 48-1-101
Short title§ 48-1-102
Part definitions§ 48-1-103
Exemptions§ 48-1-105
Registration by coordination§ 48-1-106
Registration by qualification§ 48-1-109
Registration as broker-dealers, agents, investment advisers, and investment adviser representatives§ 48-1-111
Records and reports - Examinations§ 48-1-115
Administration