Persons who assume to act as a corporation without authority are jointly and severally liable for debts and liabilities incurred or arising as a result of that action.
Article 11. General Provisions.
Unauthorized assumption of corporate powers
Known as the Alaska Nonprofit Corporation Act
The act spans §§ 10–10 (157 sections).
Persons who assume to act as a corporation without authority are jointly and severally liable for debts and liabilities incurred or arising as a result of that action.
Article 11. General Provisions.
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.