Sample of what we've been reading in class:
Art. 2.21 - Liability of Subscribers and Shareholders
A. A holder of shares, an owner of any any beneficial interest in shares, or a subscriber for shares whose subscription has been accepted, or any affiliate thereof or of the corporation, shall be under no obligation to the corporation or to its obligees with respect to: ...
(2) Any contractual obligation of the corporation or any matter relating to or arising from the obligation on the basis that the holder, owner, subscriber, or affiliate is or was the alter ego of the corporation, or on the basis of actual fraud or constructive fraud, a sham to pereptrate a fraud, or other similar theory, unless the obligee demonstrates that the holder, owner, subscriber, or affiliate caused the corporation to be used for the purpose of perpetrating and did perpetrate anactual fraud on the obligee primarily for the direct personal benefit of the holder, owner, subscriber, or affiliate, ...
Tell me you're not on the edge of your seat.
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