UTAH CODE (Last Updated: January 16, 2015) |
Title 31A. Insurance Code |
Chapter 5. Domestic Stock and Mutual Insurance Corporations |
Part 1. General Provisions |
§ 31A-5-106. Unauthorized assumption of corporate power.
Latest version.
- 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