Personal liability definition

Personal liability means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization:
Personal liability means personal liability for a debt,
Personal liability means personal liability for a debt, liability, or other obligation of an entity imposed, by operation of law or otherwise, on a person that co-owns or has an interest in the entity:

Examples of Personal liability in a sentence

  • Personal liability will not be required for the members or stockholders of any corporation or trust or any partners in a limited partnership.

  • Personal liability of the representative of an orderer: If the orderer is a juristic person, or otherwise limited liability (eg.

  • May 12, 2006.Popular name: Act 368333.2507 Personal liability of commission or commission members.Sec.

  • Personal liability incurred or assumed on behalf of a business if the liability exceeds three percent of the asset value of the business.

  • Personal liability on the part of the legal representatives, vicarious agents and employees of the Seller is excluded in cases of damage resulting from the Seller's slight negligence.


More Definitions of Personal liability

Personal liability means liability for a debt, obligation, or other liability of an
Personal liability means liability for a debt, obligation, or other liability of an organization that is imposed on a person that co‑owns, has an interest in, or is a member of the organization:
Personal liability means liability for a debt, obligation, or other liability of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization: (1) by the governing statute solely by reason of the
Personal liability means liability for a debt, obligation, or other
Personal liability means individual financial
Personal liability means liability for a debt, obligation,
Personal liability. The University shall not be liable for damages to the employee’s personal property resulting from this telecommuting Agreement. Employee agrees to hold the University harmless for injury to others at the designated alternative worksite. The employee understands that Employee is responsible for tax consequences, if any, of this arrangement, and for conformance to any local zoning regulations.