347.059. Actions without authority, liability.
61 words·~1 min read·
/mo/chapter-347/347-059A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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