Missouri § 347.171 - Action by member, conditions.
Full text of Missouri Revised Statutes of Missouri § 347.171 — Action by member, conditions., with citation guidance and answers to common questions.
§ 347.171. Action by member, conditions.
A member may bring an action in the right of the limited liability company to recover a judgment in its favor if all of the following conditions are met:
(1) The plaintiff does not have the authority under the provisions of the operating agreement to cause the limited liability company to sue in its own right;
(2) The plaintiff has made demand on the authorized person or persons having the authority to cause the limited liability company to institute such action requesting that such persons cause the limited liability company to sue in its own right;
(3) The persons with such authority have refused to bring the action or, after adequate time to consider the demand, have failed to respond to such demand; and
(4) The plaintiff is a member of the limited liability company at the time of bringing the action, and was a member of the limited liability company at the time of the transaction of which he complains, or his status as a member of the limited liability company thereafter devolved upon him by operation of law or pursuant to the terms of the operating agreement from a person who was a member at such time.
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(L. 1993 S.B. 66 & 20 § 359.816)
Effective 12-01-93
---- end of effective 01 Dec 1993 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 347.171
What does Revised Statutes of Missouri § 347.171 cover?
Section 347.171 ("Action by member, conditions.") 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 § 347.171?
A common citation format is "Revised Statutes of Missouri § 347.171" (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 § 347.171 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.