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, § 14-3-204 , enacted by Ga. L. 1991, p. 465, § 1.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 3 - Nonprofit Corporations
§ 14-3-201. Who May Incorporate
§ 14-3-202. Articles of Incorporation
§ 14-3-202.1. Publication of Notice of Intent to File Articles of Incorporation
§ 14-3-203. Effect of Filing Articles of Incorporation
§ 14-3-204. Liability for Preincorporation Transactions