Becoming Incorporated
- Organization: Volunteer Lawyers Service
- Document Type: Client legal education
- Creation Date: Thursday, August 18, 2005
- Submitted: Thursday, August 18, 2005
- Attachment: HTM
By incorporating the organization, the advantage of limited liability is afforded to its members. As a corporation, the organization becomes a distinct legal entity that can both sue and be sued. Accordingly, the members are not personally responsible for the corporation’s debts and obligations.
