What are the legal implications of being an officer of the company? [closed]

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I have been made an officer of the company, which I understand to have some legal implications. What might those be? I am in Tennessee, should it be relevant.

legal position

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asked Jun 6 '16 at 14:40

Stephen Collings

88711115

closed as off-topic by Chris E, paparazzo, NotMe, Lilienthal♦, AndreiROM Jun 6 '16 at 15:06

This question appears to be off-topic. The users who voted to close gave this specific reason:

• "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Chris E, paparazzo, NotMe, Lilienthal, AndreiROM

If this question can be reworded to fit the rules in the help center, please edit the question.

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  Legal question and there probably are legal implications
  – paparazzo
  Jun 6 '16 at 14:45
  

  
  
  
  


• 
  
  
  

  
  

  
  
  
  
  
  

  
  As quick and easy as this site is to use you may be better off speaking with a lawyer for correct information.
  – JasonJ
  Jun 6 '16 at 14:46
  

  
  
  
  


• 
  
  
  

  
  

  
  
  
  
  
  

  
  Talk to a lawyer. They will be able to review all the corporation documents and provide you with an actual answer you can trust. Well worth the money.
  – NotMe
  Jun 6 '16 at 14:46
  
  

  
  
  
  


• 
  
  
  

  
  3
  

  
  
  
  
  
  

  
  Not a lawyer, have been an officer of a corp before. The first ramification is significantly increased liability. Depending on what happens, if the company commits crimes, you could be held personally liable. You seriously need to spend an hour with a lawyer to go over the broad strokes with you.
  – Chris E
  Jun 6 '16 at 14:49
  

  
  
  
  


• 
  
  
  

  
  2
  

  
  
  
  
  
  

  
  Asking your own bosses should shed some light. If not, Google, or better yet, a legal professional, are the way to go.
  – AndreiROM
  Jun 6 '16 at 15:06
  

  
  
  
  

suggest improvements | 

up vote
1
down vote

favorite

I have been made an officer of the company, which I understand to have some legal implications. What might those be? I am in Tennessee, should it be relevant.

legal position

share|improve this question

asked Jun 6 '16 at 14:40

Stephen Collings

88711115

closed as off-topic by Chris E, paparazzo, NotMe, Lilienthal♦, AndreiROM Jun 6 '16 at 15:06

This question appears to be off-topic. The users who voted to close gave this specific reason:

• "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Chris E, paparazzo, NotMe, Lilienthal, AndreiROM

If this question can be reworded to fit the rules in the help center, please edit the question.

• 
  
  
  

  
  

  
  
  
  
  
  

  
  Legal question and there probably are legal implications
  – paparazzo
  Jun 6 '16 at 14:45
  

  
  
  
  


• 
  
  
  

  
  

  
  
  
  
  
  

  
  As quick and easy as this site is to use you may be better off speaking with a lawyer for correct information.
  – JasonJ
  Jun 6 '16 at 14:46
  

  
  
  
  


• 
  
  
  

  
  

  
  
  
  
  
  

  
  Talk to a lawyer. They will be able to review all the corporation documents and provide you with an actual answer you can trust. Well worth the money.
  – NotMe
  Jun 6 '16 at 14:46
  
  

  
  
  
  


• 
  
  
  

  
  3
  

  
  
  
  
  
  

  
  Not a lawyer, have been an officer of a corp before. The first ramification is significantly increased liability. Depending on what happens, if the company commits crimes, you could be held personally liable. You seriously need to spend an hour with a lawyer to go over the broad strokes with you.
  – Chris E
  Jun 6 '16 at 14:49
  

  
  
  
  


• 
  
  
  

  
  2
  

  
  
  
  
  
  

  
  Asking your own bosses should shed some light. If not, Google, or better yet, a legal professional, are the way to go.
  – AndreiROM
  Jun 6 '16 at 15:06
  

  
  
  
  

suggest improvements | 

up vote
1
down vote

favorite

up vote
1
down vote

favorite

I have been made an officer of the company, which I understand to have some legal implications. What might those be? I am in Tennessee, should it be relevant.

legal position

share|improve this question

asked Jun 6 '16 at 14:40

Stephen Collings

88711115

I have been made an officer of the company, which I understand to have some legal implications. What might those be? I am in Tennessee, should it be relevant.

legal position

share|improve this question

asked Jun 6 '16 at 14:40

Stephen Collings

88711115

share|improve this question

share|improve this question

asked Jun 6 '16 at 14:40

Stephen Collings

88711115

asked Jun 6 '16 at 14:40

Stephen Collings

88711115

asked Jun 6 '16 at 14:40

Stephen Collings

88711115

88711115

closed as off-topic by Chris E, paparazzo, NotMe, Lilienthal♦, AndreiROM Jun 6 '16 at 15:06

This question appears to be off-topic. The users who voted to close gave this specific reason:

• "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Chris E, paparazzo, NotMe, Lilienthal, AndreiROM

If this question can be reworded to fit the rules in the help center, please edit the question.

closed as off-topic by Chris E, paparazzo, NotMe, Lilienthal♦, AndreiROM Jun 6 '16 at 15:06

This question appears to be off-topic. The users who voted to close gave this specific reason:

• "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – Chris E, paparazzo, NotMe, Lilienthal, AndreiROM

If this question can be reworded to fit the rules in the help center, please edit the question.

• 
  
  
  

  
  

  
  
  
  
  
  

  
  Legal question and there probably are legal implications
  – paparazzo
  Jun 6 '16 at 14:45
  

  
  
  
  


• 
  
  
  

  
  

  
  
  
  
  
  

  
  As quick and easy as this site is to use you may be better off speaking with a lawyer for correct information.
  – JasonJ
  Jun 6 '16 at 14:46
  

  
  
  
  


• 
  
  
  

  
  

  
  
  
  
  
  

  
  Talk to a lawyer. They will be able to review all the corporation documents and provide you with an actual answer you can trust. Well worth the money.
  – NotMe
  Jun 6 '16 at 14:46
  
  

  
  
  
  


• 
  
  
  

  
  3
  

  
  
  
  
  
  

  
  Not a lawyer, have been an officer of a corp before. The first ramification is significantly increased liability. Depending on what happens, if the company commits crimes, you could be held personally liable. You seriously need to spend an hour with a lawyer to go over the broad strokes with you.
  – Chris E
  Jun 6 '16 at 14:49
  

  
  
  
  


• 
  
  
  

  
  2
  

  
  
  
  
  
  

  
  Asking your own bosses should shed some light. If not, Google, or better yet, a legal professional, are the way to go.
  – AndreiROM
  Jun 6 '16 at 15:06
  

  
  
  
  

suggest improvements | 

• 
  
  
  

  
  

  
  
  
  
  
  

  
  Legal question and there probably are legal implications
  – paparazzo
  Jun 6 '16 at 14:45
  

  
  
  
  


• 
  
  
  

  
  

  
  
  
  
  
  

  
  As quick and easy as this site is to use you may be better off speaking with a lawyer for correct information.
  – JasonJ
  Jun 6 '16 at 14:46
  

  
  
  
  


• 
  
  
  

  
  

  
  
  
  
  
  

  
  Talk to a lawyer. They will be able to review all the corporation documents and provide you with an actual answer you can trust. Well worth the money.
  – NotMe
  Jun 6 '16 at 14:46
  
  

  
  
  
  


• 
  
  
  

  
  3
  

  
  
  
  
  
  

  
  Not a lawyer, have been an officer of a corp before. The first ramification is significantly increased liability. Depending on what happens, if the company commits crimes, you could be held personally liable. You seriously need to spend an hour with a lawyer to go over the broad strokes with you.
  – Chris E
  Jun 6 '16 at 14:49
  

  
  
  
  


• 
  
  
  

  
  2
  

  
  
  
  
  
  

  
  Asking your own bosses should shed some light. If not, Google, or better yet, a legal professional, are the way to go.
  – AndreiROM
  Jun 6 '16 at 15:06
  

  
  
  
  

Legal question and there probably are legal implications
– paparazzo
Jun 6 '16 at 14:45

Legal question and there probably are legal implications
– paparazzo
Jun 6 '16 at 14:45

As quick and easy as this site is to use you may be better off speaking with a lawyer for correct information.
– JasonJ
Jun 6 '16 at 14:46

As quick and easy as this site is to use you may be better off speaking with a lawyer for correct information.
– JasonJ
Jun 6 '16 at 14:46

Talk to a lawyer. They will be able to review all the corporation documents and provide you with an actual answer you can trust. Well worth the money.
– NotMe
Jun 6 '16 at 14:46

Talk to a lawyer. They will be able to review all the corporation documents and provide you with an actual answer you can trust. Well worth the money.
– NotMe
Jun 6 '16 at 14:46

3

3

Not a lawyer, have been an officer of a corp before. The first ramification is significantly increased liability. Depending on what happens, if the company commits crimes, you could be held personally liable. You seriously need to spend an hour with a lawyer to go over the broad strokes with you.
– Chris E
Jun 6 '16 at 14:49

Not a lawyer, have been an officer of a corp before. The first ramification is significantly increased liability. Depending on what happens, if the company commits crimes, you could be held personally liable. You seriously need to spend an hour with a lawyer to go over the broad strokes with you.
– Chris E
Jun 6 '16 at 14:49

2

2

Asking your own bosses should shed some light. If not, Google, or better yet, a legal professional, are the way to go.
– AndreiROM
Jun 6 '16 at 15:06

Asking your own bosses should shed some light. If not, Google, or better yet, a legal professional, are the way to go.
– AndreiROM
Jun 6 '16 at 15:06

suggest improvements | 

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