Missouri Revised Statutes













Chapter 275

Commodity Associations

←275.090

Section 275.100.1

275.110→

August 28, 2015

Members of association not individually liable.

275.100. No stockholder or member of associations organized under the

provisions of this chapter shall ever be individually liable by reason

thereof, in any amount over or above the value of the share, or shares, owned

by him, and having once paid, as in this chapter provided, for said shares,

his liability with reference thereto, by reason of being or having been a

member or stockholder of such association, shall in law and equity be deemed

fully discharged.



(RSMo 1939 § 14379)



Prior revision: 1929 § 12721







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