Ala. Code § 10A-2A-2.03 (2026) – Liability for Preincorporation Transactions. | Midpage
§ 10A-2A-2.03
Ala. Code § 10A-2A-2.03 (2026)
Liability for Preincorporation Transactions.
(Act 2019-94, §1.)
All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this chapter, are jointly and severally liable for all liabilities created while so acting.