If one person, having equal 50/50 ownership in a corporation, pays the bills of the corporation with personal funds, does the other owner have a legal liability in repaying half the funds?
Asked on 8/19/13, 8:55 am
1 Answer from Attorneys
Michael E. Hendrickson Attorney & Counsellor at Law
Yes, that would seem reasonable.
Answered on 8/19/13, 8:34 pm
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