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.
Mo. Rev. Stat. § 351.053
Liability for preincorporation transactions
Known as the Missouri Cooperative Associations Act
The act spans §§ 351–351 (291 sections).
Effective: 28 Aug 1990; (L. 1990 H.B. 1432)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.