Missouri § 347.147 - Right to wind up upon dissolution — authorization.
Full text of Missouri Revised Statutes of Missouri § 347.147 — Right to wind up upon dissolution — authorization., with citation guidance and answers to common questions.
§ 347.147. Right to wind up upon dissolution — authorization.
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.
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(L. 1993 S.B. 66 & 20 § 359.795)
Effective 12-01-93
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Frequently Asked Questions About Missouri § 347.147
What does Revised Statutes of Missouri § 347.147 cover?
Section 347.147 ("Right to wind up upon dissolution — authorization.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 347.147?
A common citation format is "Revised Statutes of Missouri § 347.147" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 347.147 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.