Texas Series LLC

There are two main advantages of a series LLC over a traditional LLC. The first advantage is the cost. Although it will initially cost about the same as a traditional LLC, you can create as many subsidiary LLCs or "series" as you want. Each series can be created without paying an additional filing fee to the secretary of state. In effect, you are able to form subsidiary LLCs without paying $300 to the secretary of state for each formation.

The second main advantage is the ability to compartmentalize liabilities. The debts, obligations and liabilities of a particular series will be enforceable only against that series’ assets, and will not be enforceable against the other series in the LLC or against the LLC generally, and vice versa.

For more information see our Texas Series LLCs webpage.