If I work as an office manager for a small company and the owner would like to add me as a signer to the checking account, what liabilites would I assume by doing this?

The company is set up as an LLC.

Asked on July 31, 2014 under Business Law, Florida


SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 6 years ago | Contributor

You should only be liable for checks drawn on the LLC account IF you either intentionally or deliberately misappropriated or helped another misappropriate (e.g. embezzled funds), or if you negligently (unreasonably carelessly) wrote checks without instructions to do so (e.g. another employee asks your $1,000 for expenses; you write him the check without confirming with your boss that you should do so and without seeing proof of the expenses, and it then turns out he was not entitled to the money). As long as you neither negligently nor intentionally do anything wrong, you should not face liability.

IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.