Common Contracts
1 similar Separate Series Agreement contracts
Series llc operating agreementSeparate Series Agreement • April 20th, 2023 • Delaware
Under Delaware law, a series LLC (limited liability company) may be composed of individual series of membership interests. This type of entity is referred to as a Delaware series LLC. Each series is effectively treated as a separate entity, meaning the debts, liabilities, obligations and expenses of one series cannot be enforced against another series of the LLC, or against the LLC as a whole.
