Missouri Revised Statutes
Chapter 347 - Limited Liability Companies — Merger and Consolidation of Business Organizations
Section 347.059 - Actions without authority, liability.

Effective - 01 Dec 1993
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.
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(L. 1993 S.B. 66 & 20 § 359.735)
Effective 12-01-93

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XXIII - Corporations, Associations and Partnerships

Chapter 347 - Limited Liability Companies — Merger and Consolidation of Business Organizations

Section 347.010 - Name of law.

Section 347.015 - Definitions.

Section 347.017 - Single member companies, compliance with this chapter.

Section 347.020 - Name of company regulated.

Section 347.025 - Name may be reserved, how, time period.

Section 347.030 - Maintenance of office and agent for service of process — change of office or agent, filing, contents — effective, when — change upon filing by agent, contents — agent may resign, filing, contents.

Section 347.033 - Service upon agent deemed service on company — service upon organizer — secretary of state deemed agent of company, when.

Section 347.035 - Organization authorized, purpose.

Section 347.037 - Formation, articles of organization — when effective — filing, effect — company may not incur debt before filing — actions before filing, effect.

Section 347.039 - Articles, contents.

Section 347.041 - Articles of amendment, contents — amendments required, when.

Section 347.043 - Restated articles of organization — contents.

Section 347.045 - Articles of termination — contents.

Section 347.047 - Execution of documents, manner — affirmation.

Section 347.048 - Affidavit filing required for certain limited liability companies — fees prohibited — failure to file, remedy.

Section 347.049 - Failure to execute documents, action to direct execution.

Section 347.051 - Delivery of documents to secretary of state, format, duties.

Section 347.053 - False statements in documents, action for damages — failure to timely file, civil penalty, waiver — effect.

Section 347.055 - Statement of correction, filed when — contents — execution, effective, when — fee — statement signed.

Section 347.057 - Limitation of liability of member or manager.

Section 347.059 - Actions without authority, liability.

Section 347.061 - Property of company — title.

Section 347.063 - Transfer of property — instrument of transfer — claims, effect.

Section 347.065 - Members deemed to be agents, acts bind company — one or more managers, effect — act in contravention of restriction on authority.

Section 347.067 - Binding act after dissolution, manner — unauthorized acts.

Section 347.069 - Proper party to proceedings by or against company — joinder of proper parties — commencement of proceedings, where proper.

Section 347.071 - Admission or representation evidence, when.

Section 347.073 - Notice to authorized person of business matter, effect.

Section 347.075 - Company liable, when.

Section 347.077 - Misapplication of money, liability.

Section 347.079 - Management of company — managers, appointment — consent of members required for certain acts.

Section 347.081 - Operating agreement, contents — policy statement — enforceability, remedies.

Section 347.083 - Action or vote without meeting, consent required.

Section 347.085 - Waiver of required notice, effect — attendance at meeting — effect.

Section 347.088 - Standard of duty — extent of liabilities and duties — profit or benefit, duty.

Section 347.090 - Reliance by authorized person upon information — discharge of duties.

Section 347.091 - Items required to be kept at principal place of business — rights of members — failure to deliver items to secretary, penalty.

Section 347.093 - Member or manager may lend money and transact business.

Section 347.095 - Claims among managers or members.

Section 347.097 - Interest may issue upon consideration.

Section 347.099 - Promises for contribution to be in writing — performance of promise, remedy — cause of action.

Section 347.101 - Distributions required, when — manner.

Section 347.103 - Dissolution as result of withdrawal of member, distribution — withdrawal in violation of agreement.

Section 347.105 - Distribution, form of.

Section 347.107 - Remedies of member entitled to distribution.

Section 347.109 - Limitations upon distributions — date of measurement of effective distributions — wrongful distribution, liability, contribution.

Section 347.111 - Allocation of profits or losses, manner.

Section 347.113 - Members — additional members.

Section 347.115 - Interest in company is personal property, assignability, distributions, pledge of security interest, effect — rights of assignee — liability of assignor.

Section 347.117 - Effect of death or incompetence of member, assignability of interest — business organization as member, dissolution, assignability of interest.

Section 347.119 - Judgment creditor of member, charge of member's interest with payment of unsatisfied judgment.

Section 347.121 - Withdrawal of member, how effected — withdrawal in violation of operating agreement — consequences of withdrawal.

Section 347.123 - Cessation of membership, events of withdrawal.

Section 347.125 - Partnership, limited partnership, or registered limited liability partnerships may convert to limited liability company — articles of organization, contents — title to property, effect — creditors rights, effect.

Section 347.127 - Merger or consolidation of limited liability companies — merger or consolidation of partnerships, companies, trusts, corporations, and other associations.

Section 347.128 - Agreement of merger or consolidation.

Section 347.129 - Notice of merger or consolidation, filing, contents — execution — notice of abandonment, contents — effective date of merger or consolidation of foreign companies.

Section 347.131 - Effective date of merger or consolidation.

Section 347.133 - Consummation of merger or consolidation, effects — required filings.

Section 347.135 - Surviving entity of merger as natural person, statement of service of process — appointment of secretary as agent.

Section 347.137 - Dissolution of company, events — notice of winding up.

Section 347.139 - Effect of dissolution — acts required, distribution of assets — members or trustees.

Section 347.141 - Disposition of claims after dissolution — notice of dissolution, requirements — barred claims — notice of winding up, disposition of unknown claims — barred claims — enforcement of claims — fraudulent intent defined.

Section 347.143 - Involuntary dissolution, decree, action by attorney general, grounds — action upon application by member.

Section 347.145 - Action for involuntary dissolution, where commenced — service of process, publication.

Section 347.147 - Right to wind up upon dissolution — authorization.

Section 347.149 - Court may liquidate assets, when.

Section 347.151 - Foreign limited liability company, conflict of laws.

Section 347.153 - Foreign company, registration required — application, contents, fee.

Section 347.155 - Proper application for registration, duties of secretary.

Section 347.157 - Name of foreign company regulated.

Section 347.160 - Amended certificates of registration required for certain foreign companies, when — additional information required, due date — fee.

Section 347.161 - Cancellation, articles of.

Section 347.163 - Failure to comply with registration requirements, penalty — no maintenance of action — validity of contracts — liability for debts — causes of action — activities not constituting transaction of business — foreign corporations and p...

Section 347.165 - Cause of action authorized.

Section 347.167 - Service of process, venue.

Section 347.169 - Affirmation, penalties of perjury.

Section 347.171 - Action by member, conditions.

Section 347.173 - Derivative action — complaint.

Section 347.175 - Derivative action — attorney's fees.

Section 347.177 - Construction of law — estoppel — agency — equity — no impairment of obligation of contract.

Section 347.179 - Fees.

Section 347.181 - Law to apply to interstate and international commerce.

Section 347.183 - Additional duties of secretary.

Section 347.185 - Member's interest not security.

Section 347.186 - Designated series of members, managers, or limited liability interests permitted — requirements.

Section 347.187 - Classification for purposes of taxation — treatment.

Section 347.189 - Requires filing property control affidavit in certain cities, including Kansas City.

Section 347.700 - Law to apply, merger or consolidation.

Section 347.705 - Definitions.

Section 347.710 - Merger or consolidation authorized — corporations, partnerships, limited liability company.

Section 347.715 - Agreement of merger or consolidation — contents.

Section 347.720 - Agreement of merger or consolidation — authorization and approval — certification — abandonment, procedure.

Section 347.725 - Articles of merger or consolidation, contents — filing — duplicates, delivery — effective, when.

Section 347.730 - Consummation of merger or consolidation, effects — no impairment of shares or rights.

Section 347.735 - Merger or consolidation, requirements and limitations — what law to govern.

Section 347.740 - Additional fee — expiration date.