personal liability

[caznro]

hawaii. I am involved in a small llc with 50% stock ownership. the business owes some state exise taxes. if i sell my stock to the person who owns the other 50% or close down the company, will i be personally liable for those taxes?

 

[HomeGuru]

hawaii. I am involved in a small llc with 50% stock ownership. the business owes some state exise taxes. if i sell my stock to the person who owns the other 50% or close down the company, will i be personally liable for those taxes?

**A: yes.