GroundRules
Iowa Code § 504.204: Liability for preincorporation transactions.
Where this section sits in the code
- Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)
- Chapter 504 - REVISED IOWA NONPROFIT CORPORATION ACT
- Subchapter II - ORGANIZATION
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.
Collected 2026-09-14T19:40:12Z. Source file · JSON