{"data":{"id":"us-or/ors-65.054","jurisdiction":"us-or","citation":"ORS 65.054","heading":"Liability for preincorporation transactions.","body":"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.","path":["02 - Business Organizations, Commercial Code","7. Corporations and Partnerships","Chapter 65 — Nonprofit Corporations"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors065.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"2e3c15d73f5c554dd2c0484e4df666d6d4257d0efeb46117d336aecc0316d404","source_id":"us-or","stale":false,"prev":"us-or/ors-65.051","next":"us-or/ors-65.057"},"notice":"GroundRules: Original legal text. Not legal advice."}