Does Indiana Allow Series LLCs?
Indiana does not currently have a Series LLC statute. You cannot form a Series LLC directly in Indiana.
Business owners with a Indiana base who want Series LLC-like liability separation typically consider two options: (1) forming a Series LLC in a state that authorizes them — most commonly Wyoming, Delaware, or Texas — and then registering as a foreign LLC in Indiana; or (2) forming separate standard LLCs for each asset or venture in Indiana, which achieves liability separation at a higher per-entity filing cost.
Note: Even if you form a Series LLC in another state, Indianacourts may not fully recognize the liability separation between series for activities conducted within Indiana. Consult a Indiana-licensed attorney before choosing this structure.
What Are the Alternatives in Indiana?
- Multiple standard LLCs — the most legally certain approach in Indiana; each asset or venture has its own filing, its own liability shield, and its own tax identity
- Holding company structure — form a parent LLC that owns subsidiary LLCs, keeping assets in separate entities while centralizing management
- Foreign Series LLC — form a Series LLC in Wyoming or Delaware, register it as a foreign LLC in Indiana, and conduct business here — but note that Indiana's recognition of the inter-series liability shield is untested
Form an LLC in Indiana
LLC Attorney forms standard LLCs in Indiana — including operating agreement drafting and registered agent service. We can also help you structure multi-entity arrangements for asset separation.
Indiana Series LLC — FAQs
No. Indiana does not currently have a Series LLC statute. You cannot form a Series LLC directly in Indiana. Business owners who want Series LLC-like liability separation must either form a Series LLC in an authorizing state (such as Wyoming, Delaware, or Texas) or use separate standard LLCs for each asset.
A Series LLC is a master LLC with multiple legally separate "series," each holding its own assets and liabilities. In states that authorize them, debts and claims against one series cannot reach the assets of another. They are popular with real estate investors and multi-business owners.
Yes — you can form a Series LLC in Wyoming or Delaware and register it as a foreign LLC in Indiana. However, Indiana courts have not confirmed that they will respect the inter-series liability separation for activities conducted within Indiana. This creates legal uncertainty that a standard multi-LLC structure avoids.
The most legally certain alternative in Indiana is forming a separate standard LLC for each asset or venture. Another option is a holding company structure — a parent LLC that owns subsidiary LLCs — which achieves asset separation with cleaner legal clarity. LLC Attorney can help you choose and implement the right structure.
As of June 2026, Indiana has not enacted Series LLC legislation. Legislative developments vary; consult the Indiana Secretary of State or a Indiana attorney for the most current information.
Yes. LLC Attorney forms standard LLCs in Indiana — including operating agreement drafting and registered agent service. We can also advise on multi-entity structures for asset protection and business separation.