2022 Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 3 - Nonprofit Corporations.
Article 8 - Miscellaneous Provisions.
Section 10A-3-8.01 - Unauthorized Assumption of Corporate Powers.

Universal Citation: AL Code § 10A-3-8.01 (2022)

Section 10A-3-8.01

Unauthorized assumption of corporate powers.

All persons who assume to act as a corporation without authority to do so shall be jointly and severally liable for all debts and liabilities incurred or arising as a result thereof.

(Acts 1984, No. 84-290, p. 502, §89; §10-3A-223; amended and renumbered by Act 2009-513, p. 967, §197.)

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