Virginia Statutes

§ 13.1-821 — Liability for preincorporation transactions

Virginia § 13.1-821
JurisdictionVirginia
Title 13.1CORPORATIONS
Ch. 10VIRGINIA NONSTOCK CORPORATION ACT
Art. 3FORMATION OF CORPORATIONS

This text of Virginia § 13.1-821 (Liability for preincorporation transactions) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 13.1-821 (2026).

Text

All persons purporting to act as or on behalf of a corporation, but knowing there was no incorporation under this chapter, are jointly and severally liable for all liabilities created while so acting except for any liability to any person who also knew that there was no incorporation.

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Legislative History

1985, c. 522.

Nearby Sections

15
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Bluebook (online)
Virginia § 13.1-821, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/13.1/13.1-821.