A Delaware Series LLC may establish individual protected series with assets that are not subject to the liabilities of the company or other protected series therein. The difference between a protected series and a registered series is that a protected series does not file the protected series the company establishes and each protected series is not required to pay maintenance fees on each individual protected series for the life of the business. Formation and franchise taxes are only done at the company level. The existence, management and ownership of individual series of a protected series LLC are established in individual series exhibits that are supplemental to the Series LLC Operating Agreement.
https://seriesllc.com/wp-content/uploads/2018/06/series-llc-delaware-logo.png 0 0 Austin Buck https://seriesllc.com/wp-content/uploads/2018/06/series-llc-delaware-logo.png Austin Buck2019-12-11 17:58:022023-06-21 14:57:48Protected Series