Officers and Directors are Protected from Personal Liability

15/07/10 0 COMMENTS

INCORPORATING IN NEVADA

The officers and directors of Nevada corporations enjoy substantial asset and liability protections.  In general, Nevada law protects directors and officers from personal liability from acts committed on behalf of the corporation or by the corporation itself.  In Nevada, in order to “pierce the corporate veil” to seek the personal liability of officers or directors, one must show fraud or manifest injustice – a very significant burden of proof.  Generally speaking, the Nevada corporate veil protects officers and directors from any personal liability for acts committed in those capacities on behalf of the corporation.

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