11A V.S.A. § 2.04

Liability for preincorporation transactions

Last amended: 1993Year: 2026Length: 32 wordsOfficial source
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.
11A V.S.A. § 2.04: Liability for preincorporation transactions | Justis AI