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Glossary

Alter Ego Doctrine

A legal doctrine allowing courts to disregard an LLC's separate existence and hold owners personally liable when the LLC is treated as the owner's alter ego (commingling, undercapitalization, etc.).

Related terms

Accounts Receivable (AR)Accrual-Basis AccountingAdministrative DissolutionAnnual ReportArticles of AmendmentArticles of Organization

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