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Liability for preincorporation transactions.

Utah Code § 16-10a-204
in effect
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16-10a-204. Liability for preincorporation transactions. All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this chapter, are jointly and severally liable for all liabilities created while so acting. Enacted by Chapter 277, 1992 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title16/Chapter10A/16-10a-S204.html?v=C16-10a-S204_1800010118000101Fetched: 10/26/2026

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