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Form a Business

Liability for pre-incorporation transactions

M.G.L. c. 156D, § 2.04
in effect
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c. 156D, § 2.04. Liability for pre-incorporation transactions Section 2.04. LIABILITY FOR PRE–INCORPORATION TRANSACTIONS All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this chapter shall be jointly and severally liable for all liabilities created while so acting.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156D/Section2.04Fetched: 10/20/2026

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