CraverHair280

The corporate structure of your organization will provide shelter for your personal assets. There are a number of events that will lead to a judge to disregard the corporate entity or "pierce the corporate veil." There are many causes why the corporate veil may possibly be pierced. There are also several effortless steps you can do to steer clear of the corporate veil from being pierced.

The corporate veil can be pierced if a party is tricked or misled into dealing with the corporation rather than an individual. Whenever the corporation does correspondence with a third party, the officers and directors of that organization need to have to make it clear that they are acting on behalf of the corporation and not themselves individually. All the documents need to clearly be entered into on behalf of the corporation otherwise there might be a conflict that could arise that would pierce the corporate veil.

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