Vt. Stat. tit. 11B § 2.04

Current through L. 2024, c. 185.

Section 2.04 - 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 all liabilities created while so acting.

11B V.S.A. § 2.04

Added 1995, No. 179 (Adj. Sess.), § 1, eff. 1/1/1997.