Statutes > Alaska Statutes > Title 10 - CORPORATIONS AND ASSOCIATIONS > Chapter 10.20. - ALASKA NONPROFIT CORPORATION ACT > Article 10 - MISCELLANEOUS PROVISIONS > Sec. 10.20.700. - Unauthorized assumption of corporate powers.

Sec. 10.20.700. - Unauthorized assumption of corporate powers.

Persons who assume to act as a corporation without authority are jointly and severally liable for debts and liabilities incurred or arising as a result of that action.