347.093. Member or manager may lend money and transact business. - Missouri Statutes

Member or manager may lend money and transact business.

347.093. Except as provided in the operating agreement, amember or manager may lend money to and transact business withthe limited liability company and, subject to other applicablelaw, has the same rights and obligations with respect thereto asa person who is not a member or manager.

(L. 1993 S.B. 66 & 20 § 359.752)

Effective 12-1-93