Georgia Code
Article 2 - Incorporation
§ 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.
History. Code 1981, § 14-2-204 , enacted by Ga. L. 1988, p. 1070, § 1.
Law reviews.
For article discussing liability of corporate directors, officers, and shareholders under the Georgia Business Corporation Code, and as affected by provisions of the Georgia Civil Practice Act, see 7 Ga. St. B.J. 277 (1971).
For survey article on business associations, see 34 Mercer L. Rev. 13 (1982).
For comment, “An Empirical Study of Defective Incorporation,” see 39 Emory L.J. 523 (1990).
For survey article discussing developments in law of business associations for the period from June 1, 1998 through May 31, 1999, see 51 Mercer L. Rev. 127 (1999).
For article with annual survey on business associations, see 73 Mercer L. Rev. 29 (2021).

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