A series limited liability company is an entity structure that allows for the formation of multiple segregated LLCs, known as "series," under the umbrella of a single "master" or traditional LLC. In 1996, Delaware became the first state to enact a series LLC statute. Since then, a handful of states have amended their LLC statutes to allow for the formation of series LLCs.
Click here to view the full text.
Originally published by Commercial Investment Real Estate
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
