Legal Question in Business Law in Georgia

Personal Liability for Corporation

My boss has offered to make me an officer of the corporation so that I can sign paperwork, etc. He would also reward me financially as a officer of the corporation. What kind of personal liability would I be taking on? (especially financially?)


Asked on 10/04/04, 1:10 am

1 Answer from Attorneys
Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

Re: Personal Liability for Corporation

It depends on the structure of the business. My guess would be that you would not incur personal liability, but I would need more information to fully answer your question.

If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.

Glenn M. Lyon, Esq

MacGregor Lyon, LLC

Promenade II

1230 Peachtree Street NE

Suite 1900

Atlanta Georgia 30309

Phone 404.942.3545

Fax 404.795.0993

[email protected]

www.macgregorlyon.com

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Answered on 10/04/04, 4:57 pm


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