Re: Business name addition to corporate checking
- From: "richard" <don@xxxxxxxx>
- Date: Tue, 29 Aug 2006 20:44:55 -0600
<superprimenova@xxxxxxxxx> wrote in message
news:1156844492.126385.317480@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
My friend currently runs a corporation. I work as his secretary and he
wants to add my name to his s corp business checking account. However,
he overdrafts his checking account a lot and I was wondering if it
would affect me since I have a good relationship with the bank on my
personal accounts? Also, if anything happens to the corp, would i be
held liable?
Purely an opinion.
The way I see it, unless you are an officer of the corp, you can not be
personally held liable should a check "bounce".
He is giving you authority probably to lighten his load when he's not in the
office and can't sign the checks.
Check with your bank and your company attorney before agreeing to sign the
checks.
.
- References:
- Business name addition to corporate checking
- From: superprimenova
- Business name addition to corporate checking
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