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2023 Vermont Statutes
Title 11B - Nonprofit Corporations
Chapter 2 - Incorporation
§ 2.04. Liability for preincorporation transactions
Universal Citation: 11 V.S.A. § 2.04
§ 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 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)
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