Actions without authority, liability

§ 347.059 RSMo — under Limited Liability Companies — Merger and Consolidation of Business Organizations.

§ 347.059 RSMo

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.

­­--------

(L. 1993 S.B. 66 & 20 § 359.735)

Effective 12-01-93