605.2103 Nature of protected status.
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/fl/title-xxxvi/chapter-605/605-2103·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A protected series of a series limited liability company is a person distinct from all of the following:
(1)The series limited liability company, subject to ss. 605.2104 (3), 605.2501 (1), and 605.2502 (4).
(2)Another protected series of the series limited liability company.
(3)A member of the series limited liability company, regardless of whether the member is an associated member of the protected series of the series limited liability company.
(4)A protected-series transferee of a protected series of the series limited liability company.
(5)A transferee of a transferable interest of the series limited liability company.