Legal Question in Medical Malpractice in California

does a doctor who is a shareholder but does no patient care and lives out of state have any legal liability?


Asked on 3/24/11, 4:29 pm

1 Answer from Attorneys
Terry A. Nelson Nelson & Lawless

"Shareholders" in a corporation do not have liability for acts of the corporation, except they could lose their investment and share value to the extent the corporation is damaged. Officers, Directors, Employees, Agents could be liable if they commit acts damaging someone. If he is nothing but a passive shareholder, without participation in the company in any other way, he is not liable.

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Answered on 3/24/11, 4:43 pm


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