Interest may issue upon consideration.

  1. Law
  2. Missouri Revised Statutes
  3. Corporations, Associations and Partnerships
  4. Limited Liability Companies — Merger and Consolidation of Business Organizations
  5. Interest may issue upon consideration.

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Effective - 01 Dec 1993

347.097. Interest may issue upon consideration. — An interest in a limited liability company may be issued for the consideration of a contribution or an enforceable promise to make a contribution in the future, or both.

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(L. 1993 S.B. 66 & 20 § 359.754)

Effective 12-01-93


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