HRS §414-34
Personal liability for acting before a corporation exists
If you act as a corporation or on its behalf knowing it was never legally formed, you and others who did the same are each fully responsible for all debts and obligations created during that time. This makes you personally liable for those liabilities.
everyone
The statute, as written — Liability for pre-incorporation transactions
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.
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