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Liability for preincorporation transactions

11B V.S.A. § 2.04
in effect
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2.04. Liability for preincorporation transactions All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this title, are jointly and severally liable for all liabilities created while so acting. Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/11B/002/00002.04Fetched: 10/21/2026

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