What is the name of your state (only U.S. law)? NY
I was previously employed by a corporation in which I own 33% of the stock and 2 other partners also own 33% of the stock. I am also an officer of the corporation. I recently left the corporation to work elsewhere and since I left, I've received no compensation and no other benefits from the corporation while retaining my 33% stake.
I do not want to be involved in any day to day activities of the corporation, and retain my stock in the hope that the company can be sold in the future. Is there any reason for me to remain as an officer?What is the name of your state (only U.S. law)?
I was previously employed by a corporation in which I own 33% of the stock and 2 other partners also own 33% of the stock. I am also an officer of the corporation. I recently left the corporation to work elsewhere and since I left, I've received no compensation and no other benefits from the corporation while retaining my 33% stake.
I do not want to be involved in any day to day activities of the corporation, and retain my stock in the hope that the company can be sold in the future. Is there any reason for me to remain as an officer?What is the name of your state (only U.S. law)?