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by lazide 1134 days ago
Meetings - yes, but still a good idea to write down minutes (seriously). It’s important documentation if you want the legal shield.

Otherwise, it’s easier to pierce the veil.

I once worked for a small Corp that the office manager was the board secretary and literally had a meeting with just herself for such a purpose.

1 comments

Minutes would be important if my company actually did anything. A company that literally does nothing doesn’t have to worry about the piercing of the corporate veil, because you first need to do something before you can become liable for it
Unless someone sues you because of the name, or whatever. But point taken!