Indiana § 23-18.1-3-1 Organized as master limited liability company or foreign master limited
liability company; designation of series

Indiana Statutes

§ 23-18.1-3-1 — Organized as master limited liability company or foreign master limited liability company; designation of series

Indiana § 23-18.1-3-1

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 18.1SERIES LIMITED LIABILITY COMPANIES

Ch. 3Series Limited Liability Status

This text of Indiana § 23-18.1-3-1 (Organized as master limited liability company or foreign master limited liability company; designation of 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 § 23-18.1-3-1 (2026).

Text

(a)A master limited liability company must be organized in accordance with IC 23-18-2 and its articles of organization must authorize the designation of one (1) or more series.

(b)A foreign master limited liability company must be:

(1)authorized to transact business in Indiana in accordance with IC 23-0.5-5; and

(2)organized under a law that allows for the designation of one

(1)or more series. Its articles of organization must authorize the designation of one (1) or more series.

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(a) A master limited liability company must
be organized in accordance with IC 23-18-2 and its articles of
organization must authorize the designation of one (1) or more series.
(b) A foreign master limited liability company must be:
(1) authorized to transact business in Indiana in accordance with
IC 23-0.5-5; and
(2) organized under a law that allows for the designation of one
(1) or more series.
Its articles of organization must authorize the designation of one (1) or
more series.