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2021 Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 2. Nonprofit Corporations
Part 2. Formation -- Articles of Incorporation Bylaws -- Amendments
35-2-215. Liability for preincorporation transactions
Universal Citation: MT Code § 35-2-215 (2021)
35-2-215. Liability for preincorporation transactions. A person who purports to act as or on behalf of a corporation but who knows that there was no incorporation under this chapter is jointly and severally liable for all liabilities created while so acting.
History: En. Sec. 24, Ch. 411, L. 1991.
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