Legal Question in Business Law in Florida
Private Inc.
I own a small incoperated cleaning company.I am buying out one of the directors over a period of 24 months at $485.00 a month. Do I have to pay quaterly dividends over this 24 month period that I am buying back his stock
Asked on 9/12/08, 3:03 pm
1 Answer from Attorneys
William Gwaltney
William W. Gwaltney, Attorneys at Law
Re: Private Inc.
What does your purchase agreement and corporate documents say about this issue? Talk to the attorney you should be using to draft the agreement.
Answered on 9/13/08, 3:14 pm
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