San Francisco Estate, Business, and Investor Immigration Law Blog
A Delaware Series LLC (SLLC) allows for sub companies or series where each series is treated as a separate entity. That means the liabilities of one series cannot be enforced against another series of the LLC, or against the LLC as a whole. As an example of how this could be used, real estate investors may find these useful in setting up separate series for particular real estate holdings. The concept is similar to that of a segregated portfolio company or a protected cell company. However, California does not recognize SLLCs.