Series LLC in Indiana — Not Available (Alternatives)
Indiana does not authorize Series LLCs. There is no provision in Indiana law for creating protected series within a single entity. For liability isolation between activities or properties, you'll need alternative structures. For formation, see how to form an Indiana LLC. For all types, see our overview.
Alternatives for Indiana Business Owners
Multiple Standard LLCs
At $95 per formation and $32 every 2 years, Indiana makes multiple LLCs affordable:
- 5 LLCs × $95 = $475 formation
- 5 LLCs × $32/2 years = $160/2 years ($80/year)
- Clear liability isolation, no interstate recognition concerns
Holding Company Structure
Parent LLC owns multiple subsidiary LLCs. Centralized management, separated liability.
Form Series LLC in Another State
Possible (Delaware, Nevada, Wyoming), but:
- Register as foreign in Indiana ($100 + $32/2 years)
- Indiana may not recognize series liability protection (no Indiana case law)
- Pay fees in both states
- Uncertain legal standing
FAQ
Can Indiana pass a Series LLC law?
Possible but no legislation is pending. Indiana's low-cost structure makes multiple LLCs a practical alternative.
How many separate LLCs can I realistically manage?
5-10 is common for real estate investors. At $32/2 years each ($16/year effective), even 10 LLCs only cost $160/year in reports.