There is no simple or easy answer, it an officer's potential exposure or liability depends on your exact position and on what kind of potential liablity you are talking about. There are certain wage and hour violations (not paying workers the correct amount) for which they managers or supervisors can be held liable. If you are in a financial position (CFO, controller, etc.), then you could have liability related to certain tax payments or (if the company ever goes public in any fashion) to securities disclosure. For a quick rule of thumb--officers are not generally liable for contracts or torts (unless they personally committed the tort, or guaranteed the contract), but could face tax, securitiers law, and wage-related liability...and generally, the higher level the position, the greater the potential exposure.Once you know your exact responsibilities, you can look into/inquire about those specific matters.