TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 3. RELIGIOUS CORPORATIONS SOLE

Part 2. Formation and Operation

Unauthorized Assumption Of Corporate Powers -- Liability

35-3-204. Unauthorized assumption of corporate powers -- liability. All persons who assume to act as a corporation hereunder without authority so to do shall be jointly and severally liable for all debts and liabilities incurred or arising as the result thereof.

History: En. Sec. 11, Ch. 301, L. 1967; R.C.M. 1947, 15-2411.