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Piercing the Corporate Veil of a Homeowner's Association

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  • 04-08-2010, 05:49 AM
    BRB
    Piercing the Corporate Veil of a Homeowner's Association
    When I incorporated my business in the state of Alabama, my attorney sternly warned me about the potential personal liability of piercing my corporate veil.

    If I can find evidence sufficient to pierce the corporate veil of the HOA, can I open all the members up to the possibility of civil action against each individual?

    Thanks,
    BRB
  • 04-08-2010, 10:53 AM
    Mr. Knowitall
    Re: Piercing the Corporate Veil of a Homeowner's Association
    If you can find a legal basis to pierce the corporate veil, and a legal basis to hold individual board members responsible for the alleged tort, then you can attempt to do so. As you've shared no facts, we can't give you a better answer. Talk to your lawyer.
  • 04-08-2010, 01:44 PM
    BRB
    Re: Piercing the Corporate Veil of a Homeowner's Association
    Thanks for your reply and sorry, this was kind of an extension of another thread located here: http://www.expertlaw.com/forums/showthread.php?t=98120

    I should have just posted it there rather than starting a new topic.
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