{"id":743,"date":"2016-09-01T13:46:32","date_gmt":"2016-09-01T17:46:32","guid":{"rendered":"http:\/\/www.michaelsmithlaw.com\/blog\/?p=743"},"modified":"2023-11-28T13:37:29","modified_gmt":"2023-11-28T18:37:29","slug":"indiana-series-limited-liability-companies-part","status":"publish","type":"post","link":"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-limited-liability-companies-part\/","title":{"rendered":"Indiana Series Limited Liability Companies, Part I:  Introduction"},"content":{"rendered":"<p>This is the first of several articles\u00a0about series limited liability companies in general and Indiana\u2019s new series limited liability company statute in particular \u2013 a &#8220;series series&#8221; of \u00a0articles. (Sorry.\u00a0 I couldn\u2019t resist.)<\/p>\n<p>Even as lame as that joke is, it demonstrates that terminology in this area can be very confusing, and the confusion is compounded by the fact that the series LLC statutes in different states use different words for the same concepts.\u00a0 Here are some rules I\u2019ll follow throughout\u00a0these articles.<\/p>\n<ul>\n<li>Generally, I&#8217;ll stick with the definitions contained in the Indiana statutes, and I&#8217;ll let you know when I don&#8217;t.<\/li>\n<\/ul>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-limited-liability-companies-part\/\"  title=\"Continue Reading Indiana Series Limited Liability Companies, Part I:  Introduction\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The first of several articles discussing series limited liability companies in general and Indiana series LLCs in particular.  This one introduces the basic concept of a series LLC.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,18],"tags":[],"class_list":["post-743","post","type-post","status-publish","format-standard","hentry","category-limited-liability-companies","category-small-businesses"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Indiana Series Limited Liability Companies, Part I: Introduction &#8212; Indiana Business Law Blog &#8212; September 1, 2016<\/title>\n<meta name=\"description\" content=\"The first of several articles discussing series limited liability companies in general and Indiana series LLCs in particular. This one introduces the basic concept of a series LLC. &#8212; September 1, 2016\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-limited-liability-companies-part\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael R. Smith\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Indiana Series Limited Liability Companies, Part I: Introduction &#8212; Indiana Business Law Blog &#8212; September 1, 2016","description":"The first of several articles discussing series limited liability companies in general and Indiana series LLCs in particular. This one introduces the basic concept of a series LLC. &#8212; September 1, 2016","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-limited-liability-companies-part\/","twitter_misc":{"Written by":"Michael R. Smith","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-limited-liability-companies-part\/#article","isPartOf":{"@id":"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-limited-liability-companies-part\/"},"author":{"name":"Michael R. 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