21483281_Forms_of_Organization_Overview__2
[0] Liability [1] Members, directors, officers and employees are generally not liable for debts and obligations of the corporation, including for unlawful acts of others involved in the affairs of the corporation. They can be held liable for injuries due to their own misconduct but some states provide limited immunity to such persons and also to volunteers. [3] See for-profit corporation. Directors of B Corps cannot be held personally liable for failing to create public benefits. [4] Same as a corporation. [5] Same as a corporation. [6] Partners are personally liable for the debts and obligations of the partnership, including for unlawful acts of other partners and employees. Risk can be limited by creating an LP or LLP. [7] Owner is liable for all debts and obligations, including for unlawful acts of employees. [2] 
Shareholders are generally not liable for debts and obligations of the corporation, including for unlawful acts of others involved in the business. Unless indemnified by the corporation, directors, officers and employees can be held personally liable for injuries caused by their own acts or failures to act.
Law For Change - New Jersey Forms of Organization Overview
2