Our Business Formation and Planning FAQ
What are the options for an exit strategy? How can I protect my personal assets if my business is sued? What are the essential components of an employee contract? We answer questions like these and many more in our Frequently Asked Questions.
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What is a Missouri Series LLC?
Missouri law permits the formation of a limited liability company (LLC) that may then establish one or more series.
Missouri law provides that an individual series is not liable for the debts or obligations of any other series of the LLC.
Do I need a stock certificate for my Missouri LLC?
No. A Missouri limited liability company (LLC) does not issue stock certificates.
The ownership of a limited liability company is reflected in the limited liability company operating agreement.
What happens if I cannot find my original stock certificate? Do I still own the stock?
Even if you lose your stock certificate you still own your stock. However, to replace the physical certificate, the shareholder must contact the company's stock transfer agent. Typically, the stock transfer agent will require the shareholder to sign an “Affidavit of Lost Stock Certificate” and will issue a new stock certificate to the owner.