Indiana Statutes

§ 23-18.1-2-7 — "Series"

Indiana § 23-18.1-2-7
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 18.1SERIES LIMITED LIABILITY COMPANIES
Ch. 2Definitions

This text of Indiana § 23-18.1-2-7 ("Series") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 23-18.1-2-7 (2026).

Text

"Series", in the context of a series limited liability company, means a limited liability company series of interest established from time to time by the filing of articles of designation that:

(1)has separate rights, powers, or duties with respect to specified property or obligations; and
(2)to the extent provided for in an operating agreement, may have a separate business purpose or investment objective from that of:
(A)the master limited liability company; or
(B)any other series of the master limited liability company.

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Legislative History

As added by P.L.170-2016, SEC.19.

Nearby Sections

15
§ 23-0.5-1-1
Short title
§ 23-0.5-1-2
Application
§ 23-0.5-1-4
Delivery of record
§ 23-0.5-1.5-10
"Filed record"
§ 23-0.5-1.5-11
"Filing entity"
§ 23-0.5-1.5-12
"Foreign"
§ 23-0.5-1.5-13
"General partnership"
§ 23-0.5-1.5-14
"Governance interest"
§ 23-0.5-1.5-15
"Governing person"
§ 23-0.5-1.5-16
"Interest"
§ 23-0.5-1.5-17
"Interest holder"
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Bluebook (online)
Indiana § 23-18.1-2-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-18.1-2-7.