If your Texas business is organized as a sole proprietorship or general partnership, then the law recognizes no distinction between your personal and business assets. This is why many businesses choose to organize as a corporation or limited liability company, which provides a powerful liability shield for individual owners, directors, and officers to avoid being held personally liable for the debts and legal obligations of the business.
But there are some situations where a creditor may seek to disregard the corporate liability shield and “pierce the corporate veil.” The experienced Texas business attorneys at Structure Law Group can review your corporation’s situation and advise you of the risks.
Texas Imposes a High Bar for Holding Individual Shareholders Liable
Business Lawyers Blog



