Sec. 3. (a) A series with limited liability may be amended by filing with the secretary of state articles of designation.
(b) The articles of designation must contain all the following to amend the series:
(1) The name of the series.
(2) The date that the articles of designation forming the series were filed.
(3) The amendment to the articles of designation.
(c) Articles of designation of a series may be amended at any time that the members determine if the articles of designation, as amended, contain only provisions that may be lawfully contained in articles of designation at the time the amendment is made.
As added by P.L.170-2016, SEC.19.
Structure Indiana Code
Title 23. Business and Other Associations
Article 18.1. Series Limited Liability Companies
Chapter 6. Filing Requirements, Fees, and Other Administrative Provisions
23-18.1-6-1. Forming Master Limited Liability Company; Authority to Designate Series
23-18.1-6-2. Filing Articles of Designation for Each Series; Contents; Existence of Series
23-18.1-6-3. Amending Series; Contents of Articles of Designation
23-18.1-6-4. Dissolution; Contents of Articles of Designation; Dissolution Decree; Effect
23-18.1-6-5. Execution of Articles of Designation
23-18.1-6-6. Application of Fees