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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.
Structure Arkansas Code
Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 27 - Business Corporation Act of 1987
Subchapter 2 - Incorporation
§ 4-27-201. Incorporators
§ 4-27-202. Articles of incorporation
§ 4-27-203. Incorporation
§ 4-27-204. Liability for preincorporation transactions
§ 4-27-205. Organization of corporation
§ 4-27-206. Bylaws
§ 4-27-207. Emergency bylaws