IC 23-18.1-4 – Formation | Midpage

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Indiana Code

Chapter 4

IC 23-18.1-4

Formation

1Operating agreement requirement 2Establishment of designated series of members, managers, or limited liability company interests 3Establishment of classes or groups of members or managers 4Series with limited liability treated as separate entity; authority of series 5Agreement by member or manager to be obligated for debts, obligations, and liabilities 6Management of series 7Cease to be manager of series; limitation of effect 8Assignment, transfer, or redemption of member's limited liability company interest; cease association with series; limitation of effect 9Voting rights 10Elections by master limited liability company and any series