Intercept Corp. v. Calima Financial, LLC

SANDSTROM, Justice.

[¶ 1] Edgar Santos-Hill appeals a district court judgment finding him personally responsible for Intercept Corporation’s $63,500 judgment against Calima Financial, LLC. We affirm, concluding the district court acted properly in piercing the corporate veil.

I

[¶ 2] Santos-Hill, a Florida resident, formed Calima Financial, LLC, in April 2004 in the state of Utah. Calima was in the business of payday lending, and Santos-Hill was the only member listed on the articles of organization. Intercept, a North Dakota corporation, is in the business of electronically transferring funds…