I own a company where I am the 51% owner, CEO/President and Chairman of the Board.
I have 4 partners owning the 20%, 10%, 10%, 5% and 4% is open stock.
Do I have the authority and power to dissolve the company?
![]() |
I own a company where I am the 51% owner, CEO/President and Chairman of the Board.
I have 4 partners owning the 20%, 10%, 10%, 5% and 4% is open stock.
Do I have the authority and power to dissolve the company?
Hello c:
The way you ask indicates that there's a feud going on. If that's the case, you have a fiduciary duty to your stockholders NOT to lose their money.
IF, on the other hand, the company is broke and you're not closing to spite anyone, you certainly can.
excon
| All times are GMT -7. The time now is 09:49 AM. |