GroundRules
Mo. Rev. Stat. § 347.185: Member's interest not security.
Where this section sits in the code
- Title XXIII - CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
- Chapter 347 - Limited Liability Companies — Merger and Consolidation of Business Organizations
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.
Collected 2026-09-03T22:23:27Z. Source file · JSON