Ala. Code § 10A-3-8.01

Current through the 2024 Regular Session.

Section 10A-3-8.01 - Unauthorized assumption of corporate powers

All persons who assume to act as a corporation without authority to do so shall be jointly and severally liable for all debts and liabilities incurred or arising as a result thereof.

Ala. Code § 10A-3-8.01 (1975)

Acts 1984, No. 84-290, p. 502, §89; §10-3A-223; amended and renumbered by Act 2009-513, p. 967, § 197.