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Unauthorized assumption of corporate powers

KRS 273.380
in effect
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273.380. Unauthorized assumption of corporate powers All persons who assume to act as a corporation without authority so to do shall be jointly and severally liable for all debts and liabilities incurred or arising as a result thereof. History: Created 1968 Ky. Acts ch. 165, sec. 68.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=13725Fetched: 10/20/2026

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