I opened a small business (partnership) a while ago and was a signer on a company account. I later left that company, with the other partner being responsible for whathaveyou, but was apparently never removed as a signer. That account has since accumulated over $100 in inactivity fees, and the bank is holding me personally liable.
Is that even legal? Do I have any recourse here?
I (ironically) also believe this question is off topic. As noted in the answers: the resolution depends on what was signed, where you are, and what records were given to the bank. I'll look to see what agreement was signed by me, but in the end, I'll probably just pay the fee and complain to my old partner.