Utah Code § 16-10a-204

Current with legislation effective through 5/2/2024
Section 16-10a-204 - Liability for preincorporation transactions

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.

Utah Code § 16-10a-204

Enacted by Chapter 277, 1992 General Session