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Chapter 1. Application
23-18.1-1-1. Application of Article - Sec. 1. This article is applicable to all series limited...
23-18.1-1-2. Applicability of Other Laws - Sec. 2. This article does not of itself create an...
23-18.1-1-3. Application of Article - Sec. 3. This article does not affect a statute or...
23-18.1-1-4. Limited Liability Company Law Applicable - Sec. 4. Except as otherwise provided in this article, IC...
23-18.1-1-5. Certificate of Designation and Operating Agreement Consistent With This Article - Sec. 5. The certificate of designation or operating agreement of...
Chapter 2. Definitions
23-18.1-2-1. Application of Limited Liability Company Definitions - Sec. 1. The definitions in IC 23-18-1 apply throughout this...
23-18.1-2-2. Application of Definitions - Sec. 2. The definitions in this chapter apply throughout this...
23-18.1-2-3. "Articles of Designation" - Sec. 3. "Articles of designation" means: (1) the articles of...
23-18.1-2-4. "Foreign Master Limited Liability Company" - Sec. 4. "Foreign master limited liability company" means a foreign...
23-18.1-2-5. "Master Limited Liability Company" - Sec. 5. "Master limited liability company" means a limited liability...
23-18.1-2-6. "Operating Agreement" - Sec. 6. "Operating agreement" means an operating agreement, as amended...
23-18.1-2-7. "Series" - Sec. 7. "Series", in the context of a series limited...
23-18.1-2-8. "Series Agreement" - Sec. 8. "Series agreement" means an agreement, as amended from...
23-18.1-2-9. "Series Limited Liability Company" - Sec. 9. "Series limited liability company" means a master limited...
Chapter 3. Series Limited Liability Status
23-18.1-3-1. Organized as Master Limited Liability Company or Foreign Master Limited Liability Company; Designation of Series - Sec. 1. (a) A master limited liability company must be...
23-18.1-3-2. Election of Series Limited Liability Company by Existing Limited Liability Company; Amending Articles of Incorporation; Unanimous Consent - Sec. 2. (a) Subject to subsection (b), an existing limited...
23-18.1-3-3. Plan of Merger, Consolidation, Conversion, or Share Exchange; Unanimous Consent - Sec. 3. (a) This section does not apply to a...
23-18.1-3-4. Terminating Status; Unanimous Consent - Sec. 4. (a) Subject to subsection (b), a series limited...
23-18.1-3-5. Plan of Merger, Consolidation, Conversion, or Share Exchange Affecting Status; Unanimous Consent - Sec. 5. (a) This section does not apply to a...
23-18.1-3-6. Requirements for Sale, Lease, Exchange, or Other Disposition of Assets - Sec. 6. A sale, lease, exchange, or other disposition of...
Chapter 4. Formation
23-18.1-4-1. Operating Agreement Requirement - Sec. 1. A master limited liability company must have an...
23-18.1-4-2. Establishment of Designated Series of Members, Managers, or Limited Liability Company Interests - Sec. 2. An operating agreement of a master limited liability...
23-18.1-4-3. Establishment of Classes or Groups of Members or Managers - Sec. 3. An operating agreement may also: (1) provide for...
23-18.1-4-4. Series With Limited Liability Treated as Separate Entity; Authority of Series - Sec. 4. (a) A series with limited liability must be...
23-18.1-4-5. Agreement by Member or Manager to Be Obligated for Debts, Obligations, and Liabilities - Sec. 5. In an operating agreement for a master limited...
23-18.1-4-6. Management of Series - Sec. 6. (a) A series may be managed, as provided...
23-18.1-4-7. Cease to Be Manager of Series; Limitation of Effect - Sec. 7. Except as otherwise provided in an operating agreement,...
23-18.1-4-8. Assignment, Transfer, or Redemption of Member's Limited Liability Company Interest; Cease Association With Series; Limitation of Effect - Sec. 8. (a) Unless otherwise provided in the operating agreement,...
23-18.1-4-9. Voting Rights - Sec. 9. (a) An operating agreement may grant to: (1)...
23-18.1-4-10. Elections by Master Limited Liability Company and Any Series - Sec. 10. (a) A master limited liability company and any...
Chapter 5. Limits on Liability
23-18.1-5-1. Liability Limited; Conditions - Sec. 1. (a) Notwithstanding any other law, the debts, liabilities,...
23-18.1-5-2. Holding of Assets; Accounting for Assets Separately - Sec. 2. (a) Assets associated with a series may be...
23-18.1-5-3. Notice of Limitation on Liabilities Established - Sec. 3. The fact that: (1) the articles of organization...
Chapter 6. Filing Requirements, Fees, and Other Administrative Provisions
23-18.1-6-1. Forming Master Limited Liability Company; Authority to Designate Series - Sec. 1. A master limited liability company is formed by...
23-18.1-6-2. Filing Articles of Designation for Each Series; Contents; Existence of Series - Sec. 2. (a) Articles of designation shall be filed for...
23-18.1-6-3. Amending Series; Contents of Articles of Designation - Sec. 3. (a) A series with limited liability may be...
23-18.1-6-4. Dissolution; Contents of Articles of Designation; Dissolution Decree; Effect - Sec. 4. (a) A series with limited liability may be...
23-18.1-6-5. Execution of Articles of Designation - Sec. 5. Articles of designation of a series may be...
23-18.1-6-6. Application of Fees - Sec. 6. The fees established in IC 23-0.5-9 apply to...
23-18.1-6-7. Name - Sec. 7. (a) Except as otherwise provided in this section,...
23-18.1-6-8. Maintaining a Registered Agent - Sec. 8. (a) A master limited liability company must continuously...
23-18.1-6-9. Biennial Report - Sec. 9. (a) The master limited liability company shall file...
Chapter 7. Foreign Series Limited Liability Companies
23-18.1-7-1. Foreign Master Limited Liability Company; Register to Do Business - Sec. 1. (a) A foreign master limited liability company, as...
23-18.1-7-2. Limitation of Liability; Requirements; Articles of Designation Filed for Each Series - Sec. 2. (a) The limitation of liability under this chapter...
23-18.1-7-3. Liability Limited - Sec. 3. Unless otherwise provided in the operating agreement and...
23-18.1-7-4. Registration in Foreign Jurisdiction - Sec. 4. If a master limited liability company with the...