30-29-204. 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:
[30-29-204, added 2015, ch. 243, sec. 57, p. 906; am. 2019, ch. 90, sec. 18, p. 240.]
Structure Idaho Code
Chapter 29 - GENERAL BUSINESS CORPORATIONS
Section 30-29-201 - INCORPORATORS.
Section 30-29-202 - ARTICLES OF INCORPORATION.
Section 30-29-203 - INCORPORATION.
Section 30-29-204 - LIABILITY FOR PREINCORPORATION TRANSACTIONS.
Section 30-29-205 - ORGANIZATION OF CORPORATION.