GroundRules
← Search the law
Oregon · Through 2025 Edition

ORS 65.054: Liability for preincorporation transactions.

Read at publisher ↗
Where this section sits in the code
  1. 02 - Business Organizations, Commercial Code
  2. 7. Corporations and Partnerships
  3. Chapter 65 — Nonprofit Corporations

All persons purporting to act as or on behalf of a corporation organized or subject to the authority of this chapter, knowing there was no incorporation under this chapter at the relevant time, may be held to be jointly and severally liable for all liabilities created while so acting if, under the circumstances, it is equitable to do so.

Collected 2026-09-03T23:50:10Z. Source file · JSON

Browse this collection