2011 Missouri Revised Statutes
TITLE XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 347 Organizations
Section 347.057. Limitation of liability of member or manager.


MO Rev Stat § 347.057. What's This?

Limitation of liability of member or manager.

347.057. A person who is a member, manager, or both, of a limited liability company is not liable, solely by reason of being a member or manager, or both, under a judgment, decree or order of a court, or in any other manner, for a debt, obligation or liability of the limited liability company, whether arising in contract, tort or otherwise or for the acts or omissions of any other member, manager, agent or employee of the limited liability company.

(L. 1993 S.B. 66 & 20 359.734)

Effective 12-1-93

Annotation Copyright Missouri Joint Committee on Legislative Research

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