{"id":755,"date":"2016-09-01T19:35:56","date_gmt":"2016-09-01T23:35:56","guid":{"rendered":"http:\/\/www.michaelsmithlaw.com\/blog\/?p=755"},"modified":"2023-11-28T13:36:56","modified_gmt":"2023-11-28T18:36:56","slug":"indiana-series-llcs-part-ii","status":"publish","type":"post","link":"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-llcs-part-ii\/","title":{"rendered":"Indiana Series LLCs, Part II:  Is a series an entity?"},"content":{"rendered":"<p>[This is the second of several\u00a0articles on series LLCs, especially Indiana series LLCs.\u00a0 Go here for <a href=\"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-limited-liability-companies-part\">Part I<\/a>, which includes an introduction to the concept of series LLCs and some terminology.]<\/p>\n<p><u>Is a series an entity?<\/u><\/p>\n<p>That\u2019s the question almost every lawyer asks when first introduced to series LLCs.\u00a0 It is really shorthand for a lot of other questions:\u00a0 Can a series enter into its own contracts?\u00a0 Can it sue and be sued in its own name?\u00a0 Can assets be titled in the name of the series, as opposed to the name of the master LLC? And so on.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-llcs-part-ii\/\"  title=\"Continue Reading Indiana Series LLCs, Part II:  Is a series an entity?\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>[This is the second of several\u00a0articles on series LLCs, especially Indiana series LLCs.\u00a0 Go here for Part I, which includes an introduction to the concept of series LLCs and some terminology.] Is a series an entity? That\u2019s the question almost every lawyer asks when first introduced to series LLCs.\u00a0 It is really shorthand for a [&hellip;]<\/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-755","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 LLCs, Part II: Is a series an entity? &#8212; Indiana Business Law Blog &#8212; September 1, 2016<\/title>\n<meta name=\"description\" content=\"Is a series an entity? That\u2019s the question almost every lawyer asks when first introduced to series LLCs.\u00a0 It is really shorthand for a lot of other &#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-llcs-part-ii\/\" \/>\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 LLCs, Part II: Is a series an entity? &#8212; Indiana Business Law Blog &#8212; September 1, 2016","description":"Is a series an entity? That\u2019s the question almost every lawyer asks when first introduced to series LLCs.\u00a0 It is really shorthand for a lot of other &#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-llcs-part-ii\/","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-llcs-part-ii\/#article","isPartOf":{"@id":"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-llcs-part-ii\/"},"author":{"name":"Michael R. 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That\u2019s the question almost every lawyer asks when first introduced to series LLCs.\u00a0 It is really shorthand for a lot of other &#8212; September 1, 2016","breadcrumb":{"@id":"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-llcs-part-ii\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.hpindiana.law\/business-blog\/indiana-series-llcs-part-ii\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-llcs-part-ii\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.hpindiana.law\/business-blog\/"},{"@type":"ListItem","position":2,"name":"Indiana Series LLCs, Part II: Is a series an entity?"}]},{"@type":"WebSite","@id":"https:\/\/www.hpindiana.law\/business-blog\/#website","url":"https:\/\/www.hpindiana.law\/business-blog\/","name":"Indiana Business Law Blog","description":"Published by Indianapolis Corporate Attorneys \u2014 Harshman Ponist Smith &amp; Rayl, LLC","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.hpindiana.law\/business-blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.hpindiana.law\/business-blog\/#\/schema\/person\/22651dd1a387f83ca7560f7eba353e29","name":"Michael R. 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