{"id":777,"date":"2016-09-04T06:23:35","date_gmt":"2016-09-04T10:23:35","guid":{"rendered":"http:\/\/www.michaelsmithlaw.com\/blog\/?p=777"},"modified":"2023-11-28T13:36:55","modified_gmt":"2023-11-28T18:36:55","slug":"indiana-series-llcs-part-iii","status":"publish","type":"post","link":"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-llcs-part-iii\/","title":{"rendered":"Indiana Series LLCs, Part III: What constitutes a series?"},"content":{"rendered":"<p>[Please read <a href=\"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-limited-liability-companies-part\" target=\"_blank\" rel=\"noopener\">Part I <\/a>and <a href=\"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-llcs-part-ii\" target=\"_blank\" rel=\"noopener\">Part II<\/a> before reading this article.]<\/p>\n<p>The second of this group of articles on series limited liability companies addressed the question of whether a series is an entity under Indiana law and concluded that the best answer is probably, yes, even though it lacks some of the attributes that one would ordinarily expect of an entity.\u00a0 But exactly what is it that makes up a series?<\/p>\n<p><u>The definition of \u201cseries\u201d<\/u><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.hpindiana.law\/business-blog\/indiana-series-llcs-part-iii\/\"  title=\"Continue Reading Indiana Series LLCs, Part III: What constitutes a series?\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Each series within a series LLC is made up of a designated set of interest, and the series is owned by the members who own the interest.  Or so it seems.<\/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-777","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 III: What constitutes a series? &#8212; Indiana Business Law Blog &#8212; September 4, 2016<\/title>\n<meta name=\"description\" content=\"Each series within a series LLC is made up of a designated set of interest, and the series is owned by the members who own the interest. 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