§ 13.1-1089 Nature of protected series
A protected series of a series limited liability company is a person distinct from:
1. The series limited liability company, subject to subsection C of § 13.1-1090, subdivision 1 of § 13.1-1099.11, and § 13.1-1099.12;
2. Another protected series of the series limited liability company;
3. A member of the series limited liability company, whether or not the member is an associated member of the protected series;
4. A protected series assignee of any protected series of the series limited liability company; and
5. An assignee of a membership interest of the series limited liability company.
History
This law was first created in 2019. The record of its establishment is cataloged in chapter 636 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year.
2019, c. 636.