Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS Chapter 347 • Effective - 01 Dec 1993, see footnote 347.185. Member's interest not security. — 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. -------- (L. 1993 S.B. 66 & 20 § 359.830) Effective 12-01-93
Missouri Legal Code