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. (Code 1981, § 14-3-204, enacted by Ga. L. 1991, p. 465, § 1.) 14-3-205. Organizational meeting.
Liability for preincorporation transactions
O.C.G.A. § 14-3-204 — under Corporations, Partnerships, and Associations.
O.C.G.A. § 14-3-204