Corporate immunity

Definition
: immunity from personal liability for tortious acts that is granted to an officer of a corporation who acted in good faith and within the course of his or her duties
see also business judgment rule
compare pierce

Based on Merriam-Webster's Dictionary of Law ©2001.
Merriam-Webster, Incorporated
Published under license with Merriam-Webster, Incorporated.
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intrinsic fraud

fraud (as by the use of false or forged documents, false claims, or perjured testimony) that deceives the trier of fact and results in a judgment in favor of the party perpetrating the fraud

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