Legal Question in Business Law in Minnesota
Bank account signer
can one business partner remove another partner from signing checks with out the consent of the partner?
Asked on 2/11/09, 11:30 pm
2 Answers from Attorneys
David Anderson
Anderson Business Law LLC
Re: Bank account signer
Do you have a written Parntership Agreement?
If not both partners can bind the other.
You may have other remedies however.
Call or email for help.
Answered on 2/12/09, 7:19 am
Maury Beaulier612.240.8005
Minnesota Lawyers
Re: Bank account signer
The answer depends on the written agreements the parties have in place with regard to ownership and control of the business. In many instances, there may be an action for a Breach of Fiduciary Duty or a Breach of the Partnership contract.
For a consultation call 612.240.8005.
Answered on 2/13/09, 12:23 pm
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