Sec. 4. All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this article, are jointly and severally liable for all liabilities created while so acting.
As added by P.L.149-1986, SEC.5.
Structure Indiana Code
Title 23. Business and Other Associations
Article 1. Indiana Business Corporation Law
23-1-21-1. Incorporators; Filing Articles of Incorporation
23-1-21-2. Articles of Incorporation; Contents
23-1-21-3. Date of Corporate Existence; Filing of Articles as Evidence of Valid Existence
23-1-21-4. Persons Acting on Behalf of Nonexistent Corporation; Liability
23-1-21-5. Organizational Meeting
23-1-21-7. Emergency Bylaws; Events Constituting Emergency; Authorized Actions