SB 1142
Modifies provisions relating to series limited liability companies
Sponsor:
LR Number:
5513S.01I
Last Action:
1/15/2026 - Second Read and Referred S Economic and Workforce Development Committee
Journal Page:
S189
Title:
Effective Date:
August 28, 2026

Current Bill Summary

SB 1142 - This act provides that each series of a limited liability company shall be individually profiled, maintained, and searchable as a business entity on the website of the Secretary of State in the same manner that a non-series entity is profiled, maintained, and searchable.

Additionally, a series of a limited liability company that is in good standing shall be able to obtain a stand-alone certificate of good standing from the Secretary of State in the name of the series in the same manner and form as a non-series business entity can obtain a certificate of good standing.

SCOTT SVAGERA

Amendments

No Amendments Found.