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Alaska Statutes.
Title 10. Corporations and Associations
Chapter 20. Alaska Nonprofit Corporation Act
Section 700. Unauthorized Assumption of Corporate Powers.
previous: Section 695. Action By Members or Directors Without a Meeting.
next: Section 705. Powers of Commissioner.

AS 10.20.700. Unauthorized Assumption of Corporate Powers.

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

Note to HTML Version:

This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.

Last modified 9/3/2005