Testator’s Corporate Debts

The article is dedicated to the study of the issue of bringing heirs of parties to corporate relations to liability. The author performs a systemic analysis of the relevant judicial practice to single out the main forms of the testator’s liability under corporate obligations and study special aspects of debt transfer to heirs by way of universal succession. Testator’s corporate debts are reviewed from three key standpoints: 1. obligations of the testator as a corporation member; 2. obligations of the testator as the corporation leader; 3. obligations of the testator as a surety on transactions of the corporation. The author proves that the liability of heirs under testator’s obligations can go beyond the limits established by Art. 1175 of the Civil Code of the Russian Federation. Thus, in certain cases, heirs (including minors) can be brought to the subsidiary liability under testator’s debts. Consequently, creditors’ claims can be satisfi ed by using personal property of heirs.