Protected and Registered Series LLC Formation Requirements in Kentucky
At a glance
| Governing act and covered entity | KRS ch. 275, the Kentucky Limited Liability Company Act (§ 275.001); domestic LLC formed under that chapter (§ 275.015(12)). |
|---|---|
| Domestic series route | No domestic series formation route in current Chapter 275; § 275.020(1) forms an ordinary LLC by delivering articles. |
| Parent LLC authorization and notice | Ordinary articles state company name, office/agent, principal-office address, and management form (§ 275.025(1)); operating agreement covers company affairs (§ 275.015(21)); series notice N/A. |
| Who creates a series and when | N/A to domestic series; organizer delivers LLC articles; existence begins on filing unless delayed (§ 275.020(1)-(2)). |
| Series-level public filing | N/A to domestic series; § 275.020(1) prescribes ordinary articles delivered to Secretary of State. |
| Series name | N/A to domestic series; ordinary articles state the LLC name (§ 275.025(1)(a)). |
| Records and associated assets | N/A to domestic series; § 275.025 specifies ordinary LLC articles, not series asset-association records. |
| Statutory asset segregation | N/A to domestic series; § 275.015(12) defines the domestic LLC formed under Chapter 275. |
| Changes and termination | N/A to domestic series; ordinary articles may include other lawful agreement terms (§ 275.025(4)). |
| Outside scope and effect limits | This domestic-formation finding does not decide foreign-series treatment, tax, bankruptcy, contracts, or actual creditor recovery. |
Ordinary LLC procedure under current Chapter 275
KRS § 275.001 names Chapter 275 the Kentucky Limited Liability Company Act, and § 275.015(12) defines a domestic LLC as formed under it. Under § 275.020(1), an organizer delivers articles of organization for filing; § 275.020(2) makes existence begin on filing unless the articles specify a delayed effective time. Under § 275.025(1), the articles state the ordinary LLC's name, registered office and agent, principal-office address, and management form. Under § 275.015(21), an operating agreement covers the LLC's affairs.
The current official Chapter 275 provides no domestic protected-, registered-, or designated-series establishment route. Its ordinary formation and articles provisions do not prescribe a series filing, name, asset-association record, or parent/series liability limitation.
What trips people up
Under § 275.025(4), ordinary articles may include other lawful matters permitted in an operating agreement. That permission does not establish a statutory domestic series. Contractual allocations and actual creditor remedies require separate analysis.
Common questions
Do ordinary articles establish a protected series?
No. Section 275.020(1)-(2) establishes an LLC through filed articles; Chapter 275 adds no domestic series-level formation record.
Does a delayed effective date apply to a series?
Section 275.020(2) concerns the ordinary LLC's existence. The current chapter has no separate domestic series formation event to which that date could apply.
Statutes and sources
- Kentucky Revised Statutes, current Chapter 275, including §§ 275.001, .015, .020, and .025; official text accessed September 27, 2026.
Source links
Every statute quoted above, linked, with the date we checked it.
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