SECTION 13.1-1089. (Effective July 1, 2021) 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 § 13.1-1090 , and § 13.1-1090 ;

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. 13.1-1090 .