A protected series of a series limited liability company is a person distinct from:

1. 1. The series limited liability company, subject to subsection C of § 13.1-1090, subdivision 1 of § 13.1-1099.11, and § 13.1-1099.12;
2. 2. Another protected series of the series limited liability company;
3. 3. A member of the series limited liability company, whether or not the member is an associated member of the protected series;
4. 4. A protected series assignee of any protected series of the series limited liability company; and
5. 5. An assignee of a membership interest of the series limited liability company.

2019, c. 636.