DunmireVoight463

The corporate structure of your company will offer 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 several factors why the corporate veil may possibly be pierced. There are also numerous easy steps you can do to keep away from the corporate veil from becoming 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 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 may possibly be a conflict that could arise that would pierce the corporate veil.

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