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Updated over 4 years ago on .
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Indiana state laws for series LLCs?
Hello,
Do any real estate attorneys, CPAs, or investors know if Indiana allows for series LLCs?
I know that California does not, and I need to form an entity. Another recommendation I received was to form a series LLC out of Nevada or Arizona and group as many properties into that as possible.
Any thoughts would be greatly appreciated, thanks!
Tyler Haskell
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Greg,
I just found this article: http://www.michaelsmithlaw.com/blog/2016/05/indian...
Which led me to this site: https://iga.in.gov/legislative/2016/bills/house/13...
It appears that this LAST session Indiana joined the series LLC group of states. I'm certainly not a lawyer, but the abstract seems pretty clear. I will be trying very soon to change my LLC to series.
Is that your interpretation of the abstract?
Mark