What is a Series Montana LLC- Everything you need to know.
The Series Montana LLC in is Limited Liability Company with subsidiaries. This LLC may partition its assets and liabilities among various sub-LLCs or series. Each sub-LLC may have different names and assets, tax structures, and members and managers. The profits and losses of each series are legally separate from the other series, thereby creating a firewall between each sub series. In addition, it eliminates the cost burden of expenses when forming multiple LLCs. The structure is very similar to a parent corporation with subsidiaries.