Modifies provisions relating to series limited liability companies

SCS/SB 1142 - This act modifies provisions relating to limited liability companies. A new provision is created allowing any person to apply to the Secretary of State (SOS) to furnish a certificate of good standing for a domestic limited liability company, a foreign limited liability company, a domestic limited liability company series, or a foreign limited liability company series. A certificate of good standing issued by the SOS may be relied upon as prima facie evidence that the domestic or foreign limited liability company is in existence or is authorized to transact business in this state. The act provides that, not later than January 31, 2027, each series of a limited liability company shall be individually profiled, maintained, and searchable as a business entity on the business services website of the SOS in the same manner that a non-series entity is profiled, maintained, and searchable. This act is identical to certain provisions in the truly agreed to SS/SCS/HCS/HB 2508 (2026), certain provisions in HCS/HB 1713 (2026), and certain provisions in HCS/HB 3116 (2026). SCOTT SVAGERA