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Get the free Series Limited Liability Company Instructions - Pursuant to W

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Series Limited Liability Company Instructions Wyoming Secretary of State Herschel Building East, Suite 101 122 W 25th Street Cheyenne, WY 820020020 307.777.7311 Business@wyo.gov Before Filing Please
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01
Choose a unique name for your series limited liability company.
02
File the necessary forms and pay the required fees with your state's Secretary of State office.
03
Create an Operating Agreement that outlines how the series LLC will be managed.
04
Obtain an EIN (Employer Identification Number) from the IRS.
05
Set up separate bank accounts and keep detailed records for each series within the LLC.
06
Comply with any additional legal and regulatory requirements based on the state where the series LLC is formed.

Who needs series limited liability company?

01
Real estate investors looking to segregate liability for different properties.
02
Business owners interested in creating separate divisions or product lines with limited liability protection.
03
Individuals looking to manage multiple business ventures under one overall entity.
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A series limited liability company is a type of LLC that allows for separate series within the same company, each with its own liabilities and assets.
Any business owner who wants to create separate series within their company to protect assets and liabilities.
To set up a series LLC, you need to file articles of organization with the state and create an operating agreement that outlines the rights and responsibilities of each series.
The purpose of a series LLC is to provide asset protection by segregating liabilities and assets of each series from one another.
Information such as the names of the series, their assets and liabilities, and the rights and responsibilities of each series must be reported.
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