3 times when a CEO may be held responsible for their business’ noncompliance


You may think setting your business up as a Limited Liability Company (LLC), Limited Liability Partnership (LLP), or corporation gives you full personal protection from legal consequences if your business is found to be noncompliant with corporate regulations. However, there are a few instances in which CEOs may be held responsible for the debts incurred or noncompliant actions taken by their business – with or without their direct knowledge of these occurrences.

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Created by escalon2020 1 year 2 weeks ago – Made popular 1 year 2 weeks ago
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