Ind. Code § 23-1-21-4

Current through P.L. 171-2024
Section 23-1-21-4 - Persons acting on behalf of nonexistent corporation; liability

All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this article, are jointly and severally liable for all liabilities created while so acting.

IC 23-1-21-4

As added by P.L. 149-1986, SEC.5.