Legal Question in Banking Law in California

Is it legal to deposit small business payment into personal account


Asked on 11/30/09, 4:15 pm

1 Answer from Attorneys

Melvin C. Belli The Belli Law Firm

.It is not a crime if it is your money. However if you are a corporation you run the risk of some one piercing the corporate veil and holding you liable for your corporation's debts.

Good luck.

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Answered on 12/14/09, 8:20 pm


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