There is a newer version
of
this Section
2021 Missouri Revised Statutes
Title XXIII - Corporations, Associations and Partnerships
Chapter 347 - Limited Liability Companies — Merger and Consolidation of Business Organizations
Section 347.185 - Member's interest not security.
Universal Citation: MO Rev Stat § 347.185 (2021)
Effective - 01 Dec 1993
347.185. Member's interest not security. — 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 12-01-93
Disclaimer: These codes may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.