Legal Question in Business Law in Florida

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.