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http://www.bledsoejacobson.com/wp-content/uploads/2016/05/CorpOfficer.pdf#:~:text=Corporate%20officers%20can%20also%20be%20held%20personally%20liable,for%20actions%20taken%20during%20dissolution%20of%20the%20corporation.
https://www.upcounsel.com/personal-liability-of-corporate-officers
Personal Liability of Corporate Officers Personal Liability. One of the most important benefits of establishing a business as a corporation is to protect the... Independent Entity. A corporation serves as an independent legal entity, formed under state law, and existing separately... Limited ...
https://www.singleton.com/2017/07/personal-liability-of-directors-and-officers-for-corporate-contracts/
Most businesspeople are aware that incorporation shields a company’s directors, officers and shareholders from personal liability. However, the circumstances in which directors and officers may lose this protection are less commonly known. This article explains what directors and officers who execute contracts for a corporation should do to avoid personal …
https://legalbeagle.com/12717738-can-the-officer-of-a-corporation-be-held-personally-liable.html
Ordinarily, an officer cannot be held personally liable, as long as he is acts within the scope of his authority and within the bounds of the law. The only exception to this protection is if a case can be made that the corporate entity is merely a shell that the owners are using to defraud the public.
https://www.greenbergglusker.com/publications/when-corporate-officers-are-personally-liable/
Being an officer of a corporation can be the heady experience of a lifetime. On the upside is the opportunity to be a strategic thinker, a lauded visionary, the captain of a profitable venture and the recipient of compensation beyond one’s dreams. But there is …
https://legalbeagle.com/12719411-what-liability-does-a-corporation-have-for-its-officers.html
A corporation can be liable for the criminal activity of its officers if the criminal acts are closely related to their employment with the corporation. However, whether an officer was acting within the scope of his employment can be a debatable issue. Generally, there must always be a rational relationship between an officer’s corporate duties and the crime, meaning the crime must …
https://yourbusiness.azcentral.com/can-officer-corporation-held-personally-liable-3867.html
An officer who willfully and overtly does not meet certain legal obligations of the corporation can be personally liable. This would include the failure to pay the employees or other workers of the...
https://www.forbes.com/sites/stephendunn/2011/11/13/officers-personal-liability-for-their-companys-unpaid-taxes/
States have parallel schemes for holding officers personally liable for their business’ undeposited taxes. Michigan law, for example, provides that any Michigan tax which a business incurs but ...
http://www.sgalaw.com/news-and-views/2016/3/22/0fnld63u2hvnqk2pdp0spe018hxcjy
Personal Liability for Corporate Debts The “Two Signature” Rule. It is black letter law that one who signs an agreement in his or her corporate capacity is not personally liable. It is therefore remarkable how much litigation there is involving the issue of whether an individual signing for the corporation has also personally obligated himself under the agreement.
https://www.nolo.com/legal-encyclopedia/personally-liable-llc-corporate-debt-bankruptcy.html
Overview of Corporate Limited Liability. When you form a corporation or an LLC it becomes a separate legal entity apart from its owners. This means that the business itself can own assets, enter into contracts, and is liable for its own debts. If the corporation or LLC cannot pay its debts, creditors can normally only go after the assets owned ...
https://accountlearning.com/personal-liability-of-agents-entering-into-contracts/
However, the agent can exclude his personal liability by expressly providing in the contract not to incur personal liability. 2. Where the Agent Acts for an Undisclosed Principal: Where the agent acts for an undisclosed principal, he is personally liable on the contracts. But where the agent discloses that he is only an agent or the third party ...
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