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Old 01-26-2016, 03:15 PM  
L-Pink
working on my tan
 
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Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,152
Quote:
Originally Posted by ravo View Post
If you are setting up a corp to simply try to shield yourself from lawsuits, it won't work. All suits will name you personally too. ("piercing the corporate veil")

Good point,

Piercing is real common in closely held organizations that don't strictly follow corporate corporation guidelines.
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