South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 33-31-204: Liability for preincorporation transactions.

Where this section sits in the code

Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
CHAPTER 31 South Carolina Nonprofit Corporation Act
ARTICLE 2 Incorporation

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 except for any liability to any person who knew or reasonably should have known that there was no incorporation.

Collected 2026-09-02T07:03:59Z. Source file · JSON

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