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skelly151, Attorney
Category: Business Law
Satisfied Customers: 2368
Experience:  JD 20 years legal experience and 3 business related trials, licensed in OH, DC CA
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If a corporation uses an inactive corporation name to conduct

Resolved Question:

If a corporation uses an inactive corporation name to conduct business what can happen to the corporation for doing this illegal action?
Submitted: 7 years ago.
Category: Business Law
Expert:  skelly151 replied 7 years ago.
If you use an inactive corporation and the deal goes bad it is not giving the officers the shield of corporate limited liability and they can be found to be liable for the debts or negligence of the corporation.
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