347.097. Interest may issue upon consideration.
47 words·~1 min read·
/mo/chapter-347/347-097A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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