If you’re in a position to make decisions for a non-compliant corporation, then it does indeed become personal, but you can opt out of the C-suite at any time, or you can get your company in compliance.
It’s applied to bank accounts. If you owe a debt ordered by the court (99.99% businesses) you can’t use your business accounts to buy luxuries, it is often also applied to the individual owner/management of the company as well so they can neither use personal or business accounts to live a life of luxury while owing debts to people.
How do you make businesses (i.e. the corporations) unable to access luxury? Sounds like an individual-level policy being applied to the organization.
If you’re in a position to make decisions for a non-compliant corporation, then it does indeed become personal, but you can opt out of the C-suite at any time, or you can get your company in compliance.
Edit to add: You may not like it, but this is what peak dictatorship of the proletariat looks like.
It’s applied to bank accounts. If you owe a debt ordered by the court (99.99% businesses) you can’t use your business accounts to buy luxuries, it is often also applied to the individual owner/management of the company as well so they can neither use personal or business accounts to live a life of luxury while owing debts to people.