Statutes > Georgia Statutes > TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS > CHAPTER 2 - BUSINESS CORPORATIONS > ARTICLE 2 - INCORPORATION > § 14-2-204 - Liability for preincorporation transactions

§ 14-2-204 - Liability for preincorporation transactions

O.C.G.A. 14-2-204 (2010)
14-2-204. Liability for preincorporation transactions


All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this chapter, are jointly and severally liable for all liabilities created while so acting.