Missouri § 105.687 - Definitions.
Full text of Missouri Revised Statutes of Missouri § 105.687 — Definitions., with citation guidance and answers to common questions.
§ 105.687. Definitions.
As used in sections 105.687 to 105.689, the following terms mean:
(1) "Equity interests", limited partnership interests and other interests in which the liability of the investor is limited to the amount of the investment, but does not include general partnership interests or other interests involving general liability of the investor;
(2) "Invest" or "investment", utilization of money in the expectation of future returns in the form of income or capital gain;
(3) "Investment fiduciary", a person who either exercises any discretionary authority or control in the investment of a public employee retirement system's assets or who renders for a fee advice for a public employment retirement system;
(4) "Small business", an independently owned and operated business as defined in Title 15 U.S.C. Section 632A and as described by Title 13 CFR Part 121*;
(5) "Small business investment company", an incorporated body or a limited partnership under Section 301 of Title III of the Small Business Investment Act of 1958, 15 U.S.C. 681;
(6) "System", a public employee retirement system established by the state or any political subdivision of the state;
(7) "Venture capital firm", a corporation, partnership, proprietorship, or other entity, the principal businesses of which is the making of investments in small businesses, either directly or indirectly by investing in entities the principal business of which is the making of investments in small businesses.
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(L. 1987 S.B. 20 § 1)
*The number "21" appears in original rolls.
---- end of effective 28 Aug 1987 ----
Frequently Asked Questions About Missouri § 105.687
What does Revised Statutes of Missouri § 105.687 cover?
Section 105.687 ("Definitions.") 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 § 105.687?
A common citation format is "Revised Statutes of Missouri § 105.687" (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 § 105.687 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.