Nature of protected series
Va. Code Ann. § 13.1-1089
in effectA 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.
2019, c. 636 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/13.1-1089/Fetched: 10/16/2026