# What Is a Series LLC and How Can I Form Such an LLC in the District?

> What is a series LLC and how can I form such an LLC in the District?Series Limited Liability Company is the special type of LLC in which the members, manager...

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Last updated: 2022-11-03T21:28:11.303Z

**What is a series LLC and how can I form such an LLC in the District?**

  

Series Limited Liability Company is the special type of LLC in which the members, managers, or interest holders have separate rights, powers, or duties with respect to specified property or obligations of the limited liability company.

For LLC to become series LLC it is generally a two-step process.

Step 1: Customer will answer “yes” to series question on articles of organization form DLC-1 (for LLCs formed after 1/1/12); for LLCs formed prior to 1/1/12 you will need to amend or restate articles of organization forms DLC-2/3 and add series statement such as the one identified below:

“The company will have one or more series that is treated as a separate entity which limits the debts, obligations, and other liabilities to the assets of a particular series as provided in the operating agreement as authorized by § 29-802.06”

Step 2: To designate the actual series, you would file form _DLC-4 Certificate of Series Designation._