{"data":{"id":"us-or/ors-60.054","jurisdiction":"us-or","citation":"ORS 60.054","heading":"Liability for preincorporation transactions.","body":"All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation, are jointly and severally liable for all liabilities created while so acting.","path":["02 - Business Organizations, Commercial Code","7. Corporations and Partnerships","Chapter 60 — Private Corporations"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors060.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"304f9eecea3cc6bfd7f6d88018205427aea76bf0957521a06aec68f314456c34","source_id":"us-or","stale":false,"prev":"us-or/ors-60.051","next":"us-or/ors-60.057"},"notice":"GroundRules: Original legal text. Not legal advice."}