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Home > Law > Corporate Law   »   What if You Dont Have A Operating Agreement In Place?

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Old Apr 10, 2008, 10:02 PM
ebrown20
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What if You Dont Have A Operating Agreement In Place?

What if you don't have a operating agreement in place but I do have my name listed on the company's bank account. Am I legally recognized as one of the owners? I am from the state of Virginia.

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Old Apr 11, 2008, 10:50 AM   #2  
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Quote:
Originally Posted by ebrown20
What if you don't have a operating agreement in place but I do have my name listed on the company's bank account. Am I legally recognized as one of the owners? I am from the state of Virginia.

No, plenty of accountants and bookkeepers have authority to sign checks, have their names on the bank accounts. Doesn't make them part owners.
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