LLC be held liable for harm caused by lead-based paint pursuant to a housing code provisio
Can a member of an LLC be held liable for harm caused by lead-based paint pursuant to a housing code provision that imposes liability on any individual who “owns, holds, or controls” the title to the property?
Sample Answer
Yes, a member of an LLC can likely be held liable for harm caused by lead-based paint under a housing code provision that imposes liability on any individual who “owns, holds, or controls” the title to the property. Here’s why:
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LLC Veil Piercing: In most cases, LLCs offer limited liability protection to their members. This means that a member’s personal assets are generally shielded from debts and liabilities of the LLC. However, there are exceptions where the court can pierce the corporate veil and hold members personally liable.