Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 23-18-1-7-3 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 23 - Business and Other Associations/
  5. Article 18.1 - Series Limited Liability Companies/
  6. Chapter 7 - Foreign Series Limited Liability Companies23-18.1-7-1. Foreign Master Limited Liability Company; Register to Do Business/
  7. § 23-18-1-7-3
Indiana Legal Code

§ 23-18-1-7-3

Ask AI about this
Unless otherwise provided in the operating agreement and to the extent provided under the laws of the jurisdiction of organization of the foreign master limited liability company, the debts, liabilities, and obligations incurred, contracted for, or otherwise existing with respect to:(1) a particular series of a foreign master limited liability company, are enforceable against the assets of the series only, and not against the assets of the foreign master limited liability company generally or any other series of the foreign master limited liability company;(2) a foreign master limited liability company generally, are not enforceable against the assets of a particular series of the foreign master limited liability company; or(3) any series of the foreign master limited liability company, are not enforceable against the assets of any other series of the foreign master limited liability company.As added by P.L.170-2016, SEC.19.