IACA – International Association of Commercial Administrators
Topic: Series LLC
Question by: Kathy M. Sachs
Jurisdiction: Kansas
Date: May 4, 2016
|Jurisdiction |Question(s) |
| |A Series of a Delaware Series LLC wants to file as an LLC in Kansas. I think that’s ok because a Series has all the rights of the Series LLC. Right? |
|Manitoba | |
|Corporations Canada | |
|Alabama | |
|Alaska | |
|Arizona | |
|Arkansas | |
|California | |
|Colorado | |
|Connecticut | |
|Delaware | |
|District of Columbia | |
|Florida | |
|Georgia | |
|Hawaii | |
|Idaho | |
|Illinois | |
|Indiana | |
|Iowa | |
|Kansas | |
|Kentucky | |
|Louisiana | |
|Maine | |
|Maryland | |
|Massachusetts |In Massachusetts, only the Parent of the Series LLC registers, not each series within. |
|Michigan | |
|Minnesota | |
|Mississippi | |
|Missouri | |
|Montana | |
|Nebraska | |
|Nevada | |
|New Hampshire | |
|New Jersey | |
|New Mexico | |
|New York | |
|North Carolina |North Carolina would require each LLC to register whether they are a part of a series LLC in Delaware or not. |
|North Dakota | |
|Ohio |. |
|Oklahoma | |
|Oregon | |
|Pennsylvania | |
|Rhode Island | |
|South Carolina | |
|South Dakota | |
|Tennessee | |
|Texas |Texas is like Massachusetts. If the law of the jurisdiction authorizing the series does not treat a series created by the parent as a separate legal entity, then it |
| |would be the parent of the series that registers, and not the individual series created by the parent. |
|Utah | |
|Vermont | |
|Virginia | |
|Washington | |
|West Virginia | |
|Wisconsin | |
|Wyoming | |
Additional comments:
Kathy Sachs: Series LLC law is so all over the board. Ours do not file as a business entity but they do file a certificate of designation that gives the name of all the series under the series LLC.
I wish our state would have waited to pass this law in until the bugs worked out.
Thank you for taking the time to respond.
Full text of email:
A Series of a Delaware Series LLC wants to file as an LLC in Kansas. I think that’s ok because a Series has all the rights of the Series LLC. Right?
KATHY M. SACHS | Business Services
Deputy Assistant Secretary of State
Kansas Secretary of State | 785-296-4564 P | 785-296-4570 F | sos.
Memorial Hall, 1st Floor | 120 S.W. 10th Avenue | Topeka, KS 66612-1594
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