LLC Operating Agreement (Series)
Operating agreement for a Series LLC with separate liability shields per series. Ideal for real estate investors.
Why you need one
Liability isolation per series
Each series is a separate liability shield.
Real estate investor favorite
The most popular structure for multiple properties.
Lower formation costs
One filing for the parent LLC.
State recognition
About 15 states recognize Series LLCs.
How it works
Answer a few questions
Takes about 10 minutes. Progress is saved as you go.
Pay a flat fee
Stripe checkout — cards + Apple Pay + Google Pay accepted.
Our expert team drafts it
State-specific, reviewed by an expert or partner attorney. 2 business days.
Download + sign
Delivered to your /account dashboard. Sign digitally or print + notarize.
What's in your document
- Parent LLC governance
- Series formation & liability isolation
- Capital contributions per series
- Profit allocation by series
- Transfer restrictions
- Series dissolution
Make it legal — after you receive it
All members sign
Every member signs the agreement.
Separate EINs recommended
Consider obtaining separate EINs for each series.
Track series separately
Keep separate books and records for each series.
Pairs well with
This is not legal advice. We draft legal documents and our team includes licensed experts who review each one, but we are not your law firm and nothing we deliver constitutes legal advice for your specific matter. Read our full disclaimer.
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- State-specific — every state's format supported
- Delivered to your /account dashboard within 2 business days
- CPA + attorney review before delivery
- Free amendments for 30 days