(a) Except as provided in (b) of this section persons who assume to act as a corporation for which there has been no issuance of a certificate of incorporation under AS 10.06.218 are jointly and severally liable for debts and liabilities incurred or arising as a result of that action.
(b) The terms of a written contract between a third party and persons acting on behalf of a corporation for which there has been no issuance of a certificate of incorporation may modify or preclude the liability created by this section.
(c) An oral promise, agreement or understanding is not effective to modify or preclude the liability created in (a) of this section.
Section: Previous 10.06.205 10.06.208 10.06.210 10.06.213 10.06.215 10.06.218 10.06.220 10.06.223 10.06.225 10.06.228 10.06.230 10.06.233 NextLast modified: November 15, 2016