§ 47-1A-204 Liability for pre-incorporation transactions.

SD Codified L § 47-1A-204 (2019) (N/A)
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47-1A-204. Liability for pre-incorporation transactions. Any person purporting to act as or on behalf of a corporation, knowing there was no incorporation under this chapter, is jointly and severally liable for all liabilities created while so acting.

Source: SL 2005, ch 239, § 33.