Legal Question in Business Law in Florida
if I own a corporation with a partner how can I remove the partner?
Asked on 1/04/12, 2:53 am
1 Answer from Attorneys
Sanford M. Martin
Sanford M. Martin, P.A.
Two owners of a corporations are considered stockholders rather
than partners. A corporation is governed by any stockholders
agreement or Florida law relating to owners of corporate shares.
If you have a shareholders agreement, it will provide for sale or
transfer of shares between owners. If you do not have an
agreement, you may sell or purchase your shares to each
other owner; however, forced removal of a shareholder is not
usually an option. Specific legal advice requires more details
regarding the nature and ownership of the corporation.
Answered on 1/04/12, 4:25 am
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