Legal Question in Business Law in Florida
10 years ago, myself and a partner incorporated a small business. In doing so, I was listed as 10% share holder and my partner as 90%. Since then I have gone elsewhere to work, but still stay in close contact with the business. I have a stock certificate showing that I hold 10 shares, but it was never stamped/sealed or signed. I have looked at my partners 90 share certificate and his has not either. % or so years back, my partner made changes that I was not aware of until tax time, when I was told that I was no longer required to file my personal taxes accounting for the 10% ownership. Could my 10% have been taken away without me signing anything? Do I still have legal rights to the business.
1 Answer from Attorneys
Many more facts are necessary to even try to answer this question.
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