Missouri Revised Statutes Title XXIII. Corporations, Associations and Partnerships § 347.109. Limitations upon distributions--date of measurement of effective distributions--wrongful distribution, liability, contribution

1. A limited liability company shall not make any distribution to one or more members with respect to their interests in the limited liability company, and no member shall be entitled to receive any such distribution, to the extent that, after giving effect to the distribution:

2. The limited liability company may base a determination that its distribution is not prohibited under subsection 1 of this section on:

3. The effective distribution under subsection 1 of this section is measured as of:

4. If a member shall receive any distribution with respect to his interest in a limited liability company in violation of this section or the operating agreement, such member and the person or persons who are vested with authority under the operating agreement to make distributions to the members and who knowingly authorized or permitted such distribution to the member shall be liable, for a period of three years following the date of the distribution, to the limited liability company for the value of the wrongful distribution, but only to the extent necessary to discharge the limited liability company's liabilities incurred prior to the date of such distribution. If more than one such person who authorized or permitted such wrongful distribution is held liable therefor pursuant to this subsection, each such person shall be entitled to contribution from the other persons who are held so liable therefor pursuant to this subsection.