United States — Missouri Act or statute

United States — Missouri legislation

Missouri Revised Statutes § 347.059 - Actions without authority, liability, 1993

People who act as a limited liability company without authority, and without a good-faith belief they have authority, are jointly and severally liable for the debts and liabilities they incur.

limited liability companiesunauthorized acts

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“People who act as a limited liability company without authority, and without a good-faith belief they have authority, are jointly and severally liable for the debts and liabilities they incur.”

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    Enacted 1993 · Record updated 1 Jan 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Source record from revisor.mo.gov · Enacted 1993 · Record updated 1 Jan 2025

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§ —Missouri Revised Statutes § 347.059 - Actions without authority, liabilityProvision

People who act as a limited liability company without authority, and without a good-faith belief they have authority, are jointly and severally liable for the debts and liabilities they incur.

347.059. Actions without authority, liability. — All persons who assume to act as a limited liability company without authority to do so and without a good faith belief that they have such authority shall be jointly and severally liable for all debts and liabilities incurred by such persons so acting. (L. 1993 S.B. 66 & 20 § 359.735) Effective 12-01-93
Document — Missouri Revised Statutes § 347.059 - Actions without authority, liabilityVerify source

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