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Kentucky Revised Statutes · § 271B.2-040 — Liability for preincorporation transactions

271B.2-040. Liability for preincorporation transactions

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

Source notes

Effective: January 1, 1989

History and annotations

Created 1988 Ky. Acts ch. 23, sec. 18, effective January 1, 1989.

Official source for this version

Source captured 2026-09-25. Open the official source.

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