What Is a Registered Series?

Overview of Registered Series Delaware LLC Delaware’s Registered Series LLC formation and implications. Delaware’s statutory provisions allow for the creation of a "series" within a limited liability company, with each series functioning as a separate entity. The recent amendments introduced the concept of a Registered Series LLC, which requires filing with the State. This new … Read more

What Is a Domestic Series LLC? Understanding Series LLCs

Formation and Management A Domestic Series Limited Liability Company is formed by one or more individuals or entities through a special written agreement. The agreement details provisions for management, assignability of interests, and distribution of profits or losses. Taxation and Legal Protection This IRS guidance is not adopted yet, so there is confusion about how … Read more