State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-10a > 16-10a-204

16-10a-204. Liability for preincorporation transactions.
All persons purporting to act as or on behalf of a corporation, knowing there was noincorporation under this chapter, are jointly and severally liable for all liabilities created while soacting.

Enacted by Chapter 277, 1992 General Session

State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-10a > 16-10a-204

16-10a-204. Liability for preincorporation transactions.
All persons purporting to act as or on behalf of a corporation, knowing there was noincorporation under this chapter, are jointly and severally liable for all liabilities created while soacting.

Enacted by Chapter 277, 1992 General Session