2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.204 - LIABILITY FOR PREINCORPORATION TRANSACTIONS.

        490.204  LIABILITY FOR PREINCORPORATION
      TRANSACTIONS.
         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.  
         Section History: Recent Form

         89 Acts, ch 288, §21

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