2018 Code of Virginia
Title 13.1 - Corporations
Chapter 10 - Virginia Nonstock Corporation Act
§ 13.1-821. Liability for preincorporation transactions

Universal Citation: VA Code § 13.1-821 (2018)

All persons purporting to act as or on behalf of a corporation, but knowing there was no incorporation under this chapter, are jointly and severally liable for all liabilities created while so acting except for any liability to any person who also knew that there was no incorporation.

1985, c. 522.

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