North Carolina
My partner and I formed an LLC under which we sold insurance. It was started in 2018 and we worked together from July to December writing renewable insurance policy contracts. In January I determined that I wanted to move on and moved to another state with the understanding that my portion of the business would be “bought out” by splitting the renewal commissions earned from July to December when the policies renewed in 2019.
My business partner changed our joint bank account into an account in his name only where the commissions get deposited and has so far only paid me for 1 month (August) and will not communicate with me about future payments. He currently owes me about $1200 and it will likely end up being around 3-4K by December
Both our names are on the LLC paperwork. I have signed nothing severing the LLC and there is nothing in writing transferring my rights as a partner
What legal rights/options do I have to claim my share of the renewal commissions?
My partner and I formed an LLC under which we sold insurance. It was started in 2018 and we worked together from July to December writing renewable insurance policy contracts. In January I determined that I wanted to move on and moved to another state with the understanding that my portion of the business would be “bought out” by splitting the renewal commissions earned from July to December when the policies renewed in 2019.
My business partner changed our joint bank account into an account in his name only where the commissions get deposited and has so far only paid me for 1 month (August) and will not communicate with me about future payments. He currently owes me about $1200 and it will likely end up being around 3-4K by December
Both our names are on the LLC paperwork. I have signed nothing severing the LLC and there is nothing in writing transferring my rights as a partner
What legal rights/options do I have to claim my share of the renewal commissions?