Sec. 7. (a) Except as otherwise provided in this section, the name requirements found in IC 23-0.5-3 are generally applicable to all series limited liability companies.
(b) The name of a master limited liability company must contain, in addition to the requirements of IC 23-0.5-3-2(d), "-S" after the corporate ending.
(c) Except in the case of a foreign limited liability company that has adopted an alternate name under IC 23-0.5-5-6, the name of the series with limited liability must:
(1) contain the entire name of the master limited liability company;
(2) contain the word "series";
(3) be distinguishable from the names of the other series set forth in the articles of organization of the master limited liability company or the articles of designation filed for any other series of the master limited liability company; and
(4) be distinguishable from the names of any limited liability company or other business entity reserved or organized under the laws of Indiana or authorized to transact business in Indiana.
(d) In the case of a foreign limited liability company that has adopted an alternate name under IC 23-0.5-5-6, the name of the series with limited liability must contain the entire name under which the foreign limited liability company has been admitted to transact business in Indiana.
As added by P.L.170-2016, SEC.19. Amended by P.L.118-2017, SEC.115.
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