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SOUTH DAKOTA STATUTES AND CODES
Section 47-1A-204 - Liability for pre-incorporation transactions.
47-1A-204. Liability for pre-incorporation transactions. Any person purporting to act as or on behalf of a corporation, knowing there was no incorporation under this chapter, is jointly and severally liable for all liabilities created while so acting.
Source: SL 2005, ch 239, § 33.
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