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Mo. Rev. Stat. § 388.160

Certificates issued jointly or severally

Effective: 28 Aug 1939; (RSMo 1939 § 5143); Prior revisions: 1929 § 4670; 1919 § 9860; 1909 § 3059

Any two or more persons may unite in their subscriptions so as to make the same joint as well as several, and have the certificates of stock issued thereon to them jointly; but in the absence of express agreement to the contrary, all subscriptions shall be several and not joint, and may be sued upon severally in any court of competent jurisdiction, without filing the original subscription list as an exhibit in the cause.

Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.