There is a newer version of the Missouri Revised Statutes
2011 Missouri Revised Statutes
TITLE XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 347 Organizations
Section 347.185. Member's interest not security.
MO Rev Stat § 347.185. What's This?
Member's interest not security.
347.185. It shall be rebuttably presumed that a member's interest in a limited liability company in which management is not vested in one or more managers is not a security for purposes of any and all laws of this state regulating the sale or exchange of securities.
(L. 1993 S.B. 66 & 20 359.830)Effective 12-1-93
Annotation Copyright Missouri Joint Committee on Legislative Research
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