Statutes, codes, and regulations
Kentucky Revised Statutes
Title 23 - PRIVATE CORPORATIONS AND ASSOCIATIONSChapter 271B - BUSINESS CORPORATIONS
Subtitle 271B.2 - INCORPORATION
Section 271B.2-040 - Liability for preincorporation transactions

Ky. Rev. Stat. § 271B.2-040

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Current through Acts Received April 24, 2024
Section 271B.2-040 - Liability for preincorporation transactions

All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this chapter, shall be jointly and severally liable for all liabilities created while so acting.

KRS 271B.2-040

Effective:1/1/1989
Created 1988 Ky. Acts ch. 23, sec. 18, effective1/1/1989.