Legal Question in Business Law in Texas

Directorship Obligations and Liabilities

I am trying to gather information about the obligations and liabilities associated with being the director of a corporation. Can you give me some suggestions on where I can find information pertaining to this subject?

Thank you


Asked on 12/08/00, 12:42 pm

1 Answer from Attorneys

Charles Aspinwall Charles S. Aspinwall, J.D., LLC

Re: Directorship Obligations and Liabilities

Go to the nearest law library. There are many volumes on the topic of corporate director's liabilities. The reference desk people will direct you.

Pay particular attention to the liabilities concerning the payment of various corporate taxes, such as 941. Those areas are the most common for directors to incur liability over the years.

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Answered on 12/10/00, 5:09 am


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