A person who is a member, manager, or both, of a limited liability company is not liable, solely by reason of being a member or manager, or both, under a judgment, decree or order of a court, or in any other manner, for a debt, obligation or liability of the limited liability company, whether arising in contract, tort or otherwise or for the acts or omissions of any other member, manager, agent or employee of the limited liability company.
Mo. Rev. Stat. § 347.057
Limitation of liability of member or manager
Known as the Missouri Limited Liability Company Act
The act spans §§ 347–347 (97 sections).
Applied in 4 court decisions — leading case Debold v. Case (2006)
Most recently applied in NTD I, LLC v. Alliant Asset Mgmt. Co. (July 2018)
Effective: 01 Dec 1993, see footnote; (L. 1993 S.B. 66 & 20 § 359.734)
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.