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MO SB1142

Bill

Status

Introduced

1/7/2026

Primary Sponsor

Brad Hudson

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Creates new Section 347.044 allowing any person to obtain certificates of good standing from the Secretary of State for domestic or foreign LLCs and their individual series

  • Requires the Secretary of State to individually profile, maintain, and make searchable each LLC series as a separate business entity on the state's business services website by January 31, 2027

  • Establishes that debts, liabilities, and obligations of a particular LLC series are enforceable only against that series' assets, not against the parent LLC or other series, when proper documentation and notice requirements are met

  • Allows each series with limited liability to operate as a separate entity—contracting, holding assets, granting security interests, and suing or being sued in its own name

  • Preserves existing Missouri law on fraudulent conveyance claims and other causes of action that permit challenges to limited liability protections

Legislative Description

Modifies provisions relating to series limited liability companies

Last Action

S Consent Calendar

3/19/2026

Committee Referrals

Economic and Workforce Development1/15/2026

Full Bill Text

No bill text available