Utah Statutes

§ 16-10a-204 — Liability for preincorporation transactions.

Utah·Title 16 Corporations·Ch. 16-10a Utah Revised Business Corporation Act·Part 16-10a-2 Incorporation
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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Legislative History

Enacted by Chapter 277, 1992 General Session

Nearby Sections

15
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