{"id":4907,"date":"2021-08-10T15:02:43","date_gmt":"2021-08-10T20:02:43","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/smallbusiness\/incorporation-and-legal-structures\/what-is-a-series-llc.html"},"modified":"2025-11-03T00:33:00","modified_gmt":"2025-11-03T05:33:00","slug":"what-is-a-series-llc","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/what-is-a-series-llc.html","title":{"rendered":"What Is a Series LLC?"},"content":{"rendered":"\n
\n

What Is a Series LLC?<\/h1>\n\n
\n
\n By Linda Long, J.D.<\/a> | Legally reviewed by Catherine Hodder, Esq.<\/a>\n | Last updated\n
\n

Editorial Note: We earn a commission from affiliate partner links on FindLaw. Commissions do not affect the editorial integrity of our legal content.<\/p>\n\n <\/div>\n \n

\n \n <\/i>\n Legally Reviewed\n <\/summary>\n\n
\n

This article has been written and reviewed for legal accuracy, clarity, and style by FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with our editorial standards<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n\n

\n \n <\/i>\n Fact-Checked\n <\/summary>\n\n
\n

The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n\n\n

\n

A series <\/span>limited liability company<\/span> (LLC) is a type of LLC where a \u201cparent\u201d LLC can create multiple \u201cseries\u201d or divisions underneath it. Each series LLC<\/span> is a separate LLC<\/span> so the debts and liabilities are separate from the other series LLCs<\/span> and parent LLC.<\/p>\n\n <\/div>\n\n\n\n

A series <\/span>limited liability company<\/span><\/a> (LLC) is an LLC that is operating under a parent LLC in a manner that protects the parent company from liability for its debts. Each series LLC<\/span> has its own members, bank accounts<\/span>, and debts and liabilities that are separate from other series LLC<\/span> and the parent.<\/p>\n

Series LLCs<\/span> are a relatively new type of business entity<\/span> and it is still unclear whether they will be treated as separate from their parent for tax purposes<\/span>.<\/p>\n

Form your LLC with confidence.\u202fOur trusted partner LegalZoom has packages starting at $0 + filing fees.<\/a><\/i><\/b><\/p>\n

Key Takeaways<\/h2>\n