QUESTION
Can a spouse legally take money from the other spouse's s corporation when they have no shares in it?
Asked on Aug 09th, 2016 on Criminal Law - New York
1 ANSWER
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Generally no, however it depends on the facts & circumstances. For instance, depending on what the funds are taken for (to pay a corporate liability) & if the person is a signatory on the corporate bank account.
Answered on Aug 15th, 2016 at 5:52 AM