Missouri Revised Statutes













Chapter 347

Limited Liability Companies--Merger and Consolidation of Business Organizations

←347.145

Section 347.147.1

347.149→

August 28, 2015

Right to wind up upon dissolution--authorization.

347.147. Unless otherwise provided in the operating agreement, upon the

dissolution of the limited liability company, the member or members who have

not wrongfully dissolved the limited liability company or the legal

representative of the last surviving member, not bankrupt, have, if

management is vested in the members, the right to wind up the limited

liability company affairs or, if management is vested in one or more

managers, the right to authorize such manager or managers to undertake any

act appropriate for winding up the affairs of the limited liability company or

completing transactions unfinished at dissolution, except that any member,

his legal representative or his assignee, upon cause shown, may obtain

winding up by the court.



(L. 1993 S.B. 66 & 20 § 359.795)



Effective 12-1-93







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