Series LLC legislation in Arkansas
There is a good chance that Arkansas will soon join a growing number of states that allow the creation of Series LLCs. The legislative package of the Arkansas Bar Association is supposed to include that legislation, and it sounds like it has widespread support and is considered noncontroversial.
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Update on HB1611 the allows the creation of series LLCs. Both the Arkansas House and Senate have passed the bill and it was certified by the chairs of both houses 4/2/19 and should be signed by Gov. Hutchinson within the next five days. This is a noncontroversial bill that was passed with 100% of the Senate voting for and in the house there were no votes against although there were some reps not voting so it was not a 100% vote for as in the Senate. Once signed by the Governor it is set to take effect October 1, 2019.