Sec. 7. "Series", in the context of a series limited liability company, means a limited liability company series of interest established from time to time by the filing of articles of designation that: (1) has separate rights, powers, or duties with respect to specified property or obligations; and (2) to the extent provided for in an operating agreement, may have a separate business purpose or investment objective from that of: (A) the master limited liability company; or (B) any other series of the master limited liability company.
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