489.14103  Nature of protected series.
  A protected series of a series limited liability company is a person distinct from all of the following:
  1.  The company, subject to section 489.14104, subsection 3, section 489.14501, subsection 1, and section 489.14502, subsection 4.
  2.  Another protected series of the company.
  3.  A member of the company, whether or not the member is an associated member of the protected series.
  4.  A protected-series transferee of a protected series of the company.
  5.  A transferee of a transferable interest of the company.
2019 Acts, ch 26, §3, 41
Referred to in §489.14107