Revised Code of Washington - RCW Title 23B Washington Business Corporation Act - Section 23B.02.040 Liability for preincorporation transactions

§ 23B.02.040. Liability for preincorporation transactions

All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this title, are jointly and severally liable for liabilities created while so acting except for any liability to any person who also knew that there was no incorporation.

[1989 c 165 § 29.]

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Last modified: April 7, 2009