Revised Laws of Saint Lucia (2021)

Section II   The Privileges of Corporations

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    322.   Besides the special privileges which may be granted to each corporation by its title of creation or by special law, there are others which result from the fact of incorporation and which exist of right in favour of all corporate bodies, unless taken away, restrained or modified by such title or by law.

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    323.   The principal of these privileges is that which limits the responsibility of the members of a corporation to the interest which each possesses therein, and exempts them from all personal liability for the payment of obligations contracted by the corporation within the scope of its powers and with the formalities required.