☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Piercing the Veil (LLC)

The application of the alter ego doctrine to limited liability companies, disregarding the LLC's separate legal entity to hold members personally liable when the entity has been used improperly.

Etymology: English compound · Category: Corporate Law · Source: Kaycee Land & Livestock v. Flahive, 46 P.3d 323 (Wyo. 2002)
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