Missouri Constitution Article XI Sec. 8 – Limitation of liability of stockholders
No stockholder or subscriber to stock of a corporation shall be individually liable in any amount in excess of the amount originally subscribed on such stock.
Terms Used In Missouri Constitution Article XI Sec. 8 - Limitation of liability of stockholders
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.