Offshore Banking with a Swiss Bank Account and Nevis LLC

Effect of incorporation: corporation as proper party to action

15. A corporation shall be a legal entity considered in law a
fictional person with separate rights and liabilities, distinct from its
shareholders or members. The corporation shall be a proper
plaintiff in a suit to assert a legal right of the corporation and a
proper defendant in a suit to action to assert a legal right against
the corporation; and the naming of a shareholder, member,
director, officer or employee of the corporation as a party to a suit
in Nevis or elsewhere to represent the corporation is subject to a
motion to dismiss if such party is the sole party to sue or defend, or
subject to a motion for misjoinder if such party is joined with
another party who is a proper party and has been joined only to
represent the corporation.

Liability of directors officers and shareholders

16. Unless otherwise provided by law, the directors, officers,
, employees and shareholders of a corporation shall not be liable for
corporate debts and obligations.