Can I dissolve an S Corporation without my partners signature? 1 Answers as of June 20, 2011
My business partner and I started an S Corporation two years ago and he owns only 25% of the company. Since then he has not done any work as promised and also owes me $10k for rent and $1k for damage to my car. I want to end the S corporation but can't get a hold of him because he is avoiding me due to the outstanding debt. Can I dissolve it without his consent?
Law Offices of Steven A. Fink
| Steven Alan Fink
You can dissolve without your partner's agreement. You have to file a Certificate of Election to Wind up and Dissolve (Form ELEC STK) and a Certificate of Dissolution (Form DISS STK).
Answer Applies to: California
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