2014 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 3 - IDAHO NONPROFIT CORPORATION ACT
Section 30-3-19 - LIABILITY FOR PREINCORPORATION TRANSACTIONS.


ID Code § 30-3-19 (2014) What's This?

30-3-19. Liability for preincorporation transactions. All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this act, are jointly and severally liable for all liabilities created while so acting.


History:

[30-3-19, added 1993, ch. 220, sec. 2, p. 695.]

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