GroundRules
Ala. Code § 10A-3A-2.03: Liability for Preincorporation Transactions.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 3A Alabama Nonprofit Corporation Law.
- Article 2 Incorporation.
All persons purporting to act as or on behalf of a nonprofit corporation, knowing there was no incorporation under this chapter, are jointly and severally liable for all liabilities created while so acting.
Collected 2026-09-03T14:01:54Z. Source file · JSON