Sec. 9. "Foreign limited liability company" means an entity that is: (1) an unincorporated association organized under the laws of a state other than Indiana or another jurisdiction, including a foreign country; (2) organized under a statute that affords each member of the entity limited liability with respect to the activities and ownership of the entity; and (3) not required to obtain a certificate of registration as a foreign limited partnership under IC 23-16 or qualify to transact business as a foreign business trust under IC 23-5 .
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