There is a newer version of the Vermont Statutes
2013 Vermont Statutes
Title 11A Vermont Business Corporations
Chapter 2 INCORPORATION
§ 2.04 Liability for preincorporation transactions
11A V.S.A. § 2.04 What's This?
2.04. Liability for preincorporation transactions
All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this title, are jointly and severally liable for all liabilities created while so acting. (Added 1993, No. 85, 2, eff. Jan. 1, 1994.)
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