Code of Alabama - Title 10A: Alabama Business and Nonprofit Entities Code - Section 10A-2A-2.03 - Liability for preincorporation transactions
Section 10A-2A-2.03 - 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.