Legal Question in Business Law in Florida
Misconduct of Partners
Thank you to the attorney who answered my previous question. One question still remains....The corporation closed its doors in July of 2002. ''S'' corp with 3 shareholders. While in operation of June 2002, the two other partners removed me from the corporate checking account (I had no knowledge that they were doing this) and in fear of not having any income, (Single Mom, 2 children) I remained on, but only in an employee type position. I couldn't even open the mail. This is still an active corp. in the state of Florida (checked status thru website) and the other two shareholders sent me a very generic letter, stating that they resign. Did there actions in June of 2002 result in a Disolve of Partnership? Is what they did legal? Could I send them a letter in return stating that their actions dissolved my status in the corporation? Thank You.
1 Answer from Attorneys
Re: Misconduct of Partners
The corporation may be active (not dissolved) even if it has no place of business and is in fact, out of business.
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