As Amended
SEC. 79-4-2.04. Liability of preincorporation transactions.
All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under Sections 79-4-1.01 et seq., are jointly and severally liable for all liabilities created while so acting.
SOURCES: Laws, 1987, ch. 486, Sec. 2.04, eff from and after January 1, 1988.