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View Full Version : What if You don't Have A Operating Agreement In Place?


ebrown20
Apr 10, 2008, 10:02 PM
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.

JudyKayTee
Apr 11, 2008, 10:50 AM
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.