23-1-21-4. Persons acting on behalf of nonexistent corporation; liability

IN Code § 23-1-21-4 (2019) (N/A)
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Sec. 4. 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.

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