2017 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 490 - BUSINESS CORPORATIONS
Section 490.204 - Liability for preincorporation transactions.

Universal Citation: IA Code § 490.204 (2017)

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1 BUSINESS CORPORATIONS, §490.204 490.204 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. 89 Acts, ch 288, §21 Wed Feb 08 04:07:16 2017 Iowa Code 2017, Section 490.204 (11, 1)
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