Va. Code § 13.1-1089: Nature of protected series

A 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; and5. An assignee of a membership interest of the series limited liability company.2019, c. 636.