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Insurance Code | |
Domestic Stock and Mutual Insurance Corporations | |
Section 106 | Unauthorized assumption of corporate power. |
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31A-5-106. Unauthorized assumption of corporate power. All persons who presume to act as a corporation under this chapter without authority to do so are jointly and severally liable for all debts and liabilities incurred or arising as a result.
Enacted by Chapter 242, 1985 General Session |
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