{"data":{"id":"us-il/805-ilcs-5-3.20","jurisdiction":"us-il","citation":"805 ILCS 5/3.20","heading":"Unauthorized assumption of corporate powers.","body":"All persons who assume to exercise corporate powers without authority so to do shall be jointly and severally liable for all debts and liabilities incurred or arising as a result thereof.","path":["CHAPTER 805 BUSINESS ORGANIZATIONS","Business Corporation Act of 1983."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2273\u0026ChapterID=65\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:46Z","sha256":"45b2d6034e368cc97d4f648dfab05d368659e391cad8dff301882fea698a516e","source_id":"us-il","stale":false,"prev":"us-il/805-ilcs-5-3.15","next":"us-il/805-ilcs-5-3.25"},"notice":"GroundRules: Original legal text. Not legal advice."}