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HB 2508MISSOURISession 2026State BillSigned into law
Enacted

Missouri House Bill 2508 authorizes series LLC asset segregation, separate naming rules, and standalone good standing certificates

Original title: LIMITED LIABILITY COMPANIES

Last action · July 13, 2026: Delivered to Secretary of State (G)Sponsor: Chris Brown

Bill progressHistory & official text ↓
Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Does

House Bill 2508 allows limited liability companies to establish designated series with separate assets, liabilities, and business purposes, while enabling each series to obtain a standalone certificate of good standing from the Missouri Secretary of State. The measure requires each series to be individually searchable on the Secretary of State's business services website and establishes specific formation, naming, and dissolution guidelines. These rules apply to domestic and foreign series limited liability companies operating within Missouri.

Why it matters

Business owners and investors can legally separate assets and liabilities between different divisions or properties within a single limited liability company, protecting each series from the debts of others. For the public and state agencies, the measure ensures that individual series can be independently searched and verified on official state registries.

Background
  • House Bill 2508 was introduced during the 2026 Regular Session of the Missouri General Assembly by Representative Chris Brown. context
  • Series LLC legislation allows a single parent company to create distinct operational compartments that hold separate assets and liabilities, insulating each series from the legal obligations of the others. context

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Limited Liability Companies

Limited liability companies are granted explicit statutory authorization to establish designated series with separate assets, liabilities, and operational governance.

Directly affected

Series LLC Members and Managers

Members and managers gain specific governance rights, internal management structures, voting options, and restrictions they can incorporate into operating agreements.

Directly affected

Missouri Secretary of State

The agency is required to profile, maintain, and make searchable each individual series on its business services website and issue stand-alone certificates of good standing.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Can a single series within a limited liability company be sued or hold title to assets independently?
Yes. Each series with limited liability may, in its own name, contract, hold title to assets, grant security interests, sue and be sued, and conduct business.
Are the debts of one series enforceable against the general assets of the limited liability company or other series?
No. Debts and liabilities incurred with respect to a particular series are enforceable against the assets of that series only, provided the statutory asset separation and notice requirements are met.
How can a series obtain a certificate of good standing?
A series of a limited liability company that is in good standing can obtain a stand-alone certificate of good standing from the Missouri Secretary of State in the name of the series.

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Where This Stands

Current status: Signed into law.

Procedural history

40 actions
  1. Jul 13, 2026House
    Delivered to Secretary of State (G)
  2. Jul 13, 2026Governor of MissouriEnrolled
    Approved by Governor (G)
  3. May 28, 2026Governor of Missouri
    Delivered to Governor
  4. May 28, 2026Senate
    Signed by President Pro Tem (S)
  5. May 28, 2026House
    Signed by House Speaker (H)
  6. May 14, 2026House
    House Message (H)
Show 34 earlier actions
  1. May 14, 2026House
    Truly Agreed To and Finally Passed
  2. May 14, 2026House
    House Adopts (H)
  3. May 14, 2026House
    Taken Up
  4. May 14, 2026HouseCommittee
    Reported Do Pass (H)
  5. May 14, 2026HouseCommittee
    Voted Do Pass (H)
  6. May 14, 2026House
    Executive Session Completed (H)
  7. May 13, 2026HouseCommittee
    Referred: Fiscal Review(H)
  8. May 13, 2026House
    Reported to the House with... (H)
  9. May 12, 2026SenateFloor
    Third Read and Passed (S)
  10. May 12, 2026Senate
    SS Adopted (S)
  11. May 12, 2026House
    SS Offered
  12. May 12, 2026Senate
    Taken Up for Third Reading (S)
  13. May 7, 2026House
    Placed on Informal Calendar
  14. Apr 28, 2026SenateCommittee
    SCS Reported Do Pass (S)
  15. Apr 21, 2026SenateCommittee
    SCS Voted Do Pass (S)
  16. Apr 15, 2026Senate
    Public Hearing Held (S)
  17. Apr 9, 2026Senate
    Public Hearing Scheduled (S)
  18. Apr 8, 2026SenateCommittee
    Second read and referred: Economic and Workforce Development(S)
  19. Mar 30, 2026Senate
    Reported to the Senate and First Read (S)
  20. Mar 30, 2026HouseFloor
    Third Read and Passed (H)
  21. Mar 30, 2026House
    Taken Up for Third Reading (H)
  22. Mar 12, 2026House
    Perfected by Consent - Pursuant to House Rules (H)
  23. Feb 25, 2026HouseCommittee
    Reported Do Pass - Consent (H)
  24. Feb 24, 2026HouseCommittee
    Voted Do Pass - Consent (H)
  25. Feb 24, 2026House
    Executive Session Completed (H)
  26. Feb 12, 2026HouseCommittee
    Referred: Consent and Procedure(H)
  27. Feb 12, 2026HouseCommittee
    HCS Reported Do Pass by Consent (H)
  28. Feb 10, 2026HouseCommittee
    HCS Voted Do Pass - Consent (H)
  29. Feb 10, 2026House
    Executive Session Completed (H)
  30. Feb 3, 2026House
    Public Hearing Completed (H)
  31. Jan 22, 2026HouseCommittee
    Referred: Economic Development(H)
  32. Jan 8, 2026HouseFloor
    Read Second Time (H)
  33. Jan 7, 2026HouseIntroduced
    Read First Time (H)
  34. Dec 18, 2025HouseIntroduced
    Prefiled (H)

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Chris BrownHouse · District 16RepublicanSponsor

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Codification of Series LLC Standards

The legislation updates section 347.186, RSMo, to provide comprehensive statutory guidelines for series formation, asset partitioning, naming, and standalone good standing verification.

Missouri Secretary of State

Sources

Open source document

house.mo.gov

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz25
    Current news / social attention level

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