Senator Tony Luetkemeyer Brings Clarity to LLC Management
JEFFERSON CITY — A provision included in legislation signed by the governor Wednesday will make it easier for city officials in St. Joseph to identify the owners of neglected or abandoned property. House Bill 959 requires limited liability corporations (LLC) to disclose the actual person responsible for maintaining real estate owned by the LLC.
An amendment added to the bill by Sen. Luetkemeyer, R-Parkville, requires LLCs in St. Joseph to list a person responsible for maintaining the property. The legislative language, a top priority for the St. Joseph Community Alliance, will help city officials contact individuals responsible for abandoned and vacant properties.
“The LLC is a useful tool, but sometimes it is misused to shield individuals from responsibility they should accept,” Sen. Luetkemeyer said. “This minor addition to law will help city officials when they must unravel the complex web of a business organization to make sure people are keeping up with their properties like everyone else.”
For more information about Sen. Luetkemeyer, visit www.senate.mo.gov/luetkemeyer.