Arizona Revised Statutes § 10-204 Liability For Noncorporate Transactions

10-204. Liability for noncorporate transactions

All persons purporting to act as or on behalf of a corporation with actual knowledge that no corporation exists under chapters 1 through 17 of this title are jointly and severally liable to the extent not precluded by section 12-2506 for all liabilities created while so acting.

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Last modified: October 13, 2016