Series LLC Operating Agreement

Why Use Our Series LLC Operating Agreement?

Protect Each Series—Individually

• Attorney-Drafted Framework: Designed to help you maintain legal separation between each series.

• Limits Cross-Liability: If structured properly, debts and liabilities in one series don’t affect others.

• Complies with Series LLC Statutes: Built for states that allow Series LLCs, including Delaware, Illinois, Texas, Nevada, and more.

Ideal for Real Estate Investors, Asset Managers, and Multi-Business Owners

• Operate Multiple Ventures: Use a single LLC while keeping each property, asset, or business isolated.

• Reduce Legal and Filing Costs: One parent LLC, one annual report—multiple internal businesses.

• Flexible Management: Assign different members, managers, or profit-sharing structures for each series.

Easy to Customize and Expand

• Editable Word Format: Add new series names, managers, and asset descriptions as you grow.

• Modular Design: Includes a master agreement plus customizable templates for adding series.

• Execution Ready: Signature lines included for parent LLC and individual series representatives.

How to Purchase and Use the Series LLC Operating Agreement

🛒 Step 1: Complete Your Purchase ($35 per Template)

Add the Series LLC Operating Agreement to your cart and check out securely. The document will be emailed to you instantly.

📥 Step 2: Customize for Your Structure

Open in Word and input your LLC’s name, member info, management structure, and initial series (e.g., “Series A – Main Street Property”).

👥 Step 3: Add Series as Needed

Use the included “Add a Series” section to expand your LLC with new series—each with its own business purpose, manager, or assets.

✍️ Step 4: Sign and Store

Execute the agreement with all applicable parties and retain it in your LLC’s legal records.

🎯 Ready to Simplify Your Holdings Without Sacrificing Protection?

Download the Series LLC Operating Agreement today and manage multiple ventures under one legal roof.

Key Features of the Series LLC Operating Agreement Template

• Master Agreement for Parent LLC: Establishes centralized rules for how the entire LLC operates.

• Independent Series Structure: Allows for legally distinct sub-entities under the master LLC.

• Member and Manager Provisions per Series: Assign different owners, roles, and rights for each series.

• Series Asset Segregation Clauses: Helps preserve liability shields between each business unit.

• Expandable Format: Add unlimited new series using built-in template sections.

Benefits of a Series LLC Operating Agreement

Separate Risk. Unified Oversight.

• Protects Each Venture Individually: One series in trouble doesn’t pull down the rest.

• Easy to Scale: Add new properties, projects, or product lines without forming new entities.

• Ideal for Asset Management: Keep real estate or investments legally isolated while staying under one LLC.

Legal Clarity Without the High Cost

• Attorney-Level Language: Save thousands on custom drafting.

• Compliant and Flexible: Built to reflect key state-specific Series LLC requirements.

• Instant Download: Start setting up your structure today.

Quick Look: Series LLC Operating Agreement

Frequently Asked Questions

Q: What is a Series LLC?

A: A Series LLC is a legal structure that allows a single LLC to create multiple internal “series,” each of which can hold assets, incur liabilities, and operate independently.

Q: What’s the benefit of using this template?

A: It saves you from drafting complex agreements from scratch and includes language designed to help preserve liability separation between series.

Q: What states allow Series LLCs?

A: States like Delaware, Illinois, Nevada, Texas, and others support Series LLCs—but always check your local laws or consult an attorney before forming one.

Q: Can each series have its own members or managers?

A: Yes. This agreement includes sections for assigning different individuals or rights to each series.

Q: Do I need to file each series with the state?

A: That depends on your state. Some states require filing a certificate or notice when a new series is formed. This template is for your internal legal structure—not for filing.

Why This Agreement Matters

• Enables Smart Growth: Manage multiple ventures without managing multiple entities.

• Protects Each Line of Business: Avoid legal spillover from one series to another.

• Simplifies Legal Administration: One LLC. Multiple protected operations.

• Built for Scale: Perfect for real estate portfolios, startups with spin-offs, or holding companies.