Sec. 6. A sale, lease, exchange, or other disposition of all or substantially all of the assets of a series limited liability company is not effective unless one (1) or more of the following apply: (1) The transaction is in the usual and regular course of business. (2) The transaction is approved by two-thirds (2/3) of the members, unless otherwise provided for in the operating agreement. IC 23-18.1-4 Chapter 4. Formation 23-18.1-4-1 Operating agreement requirement 23-18.1-4-2 Establishment of designated series of members, managers, or limited liability company interests 23-18.1-4-3 Establishment of classes or groups of members or managers 23-18.1-4-4 Series with limited liability treated as separate entity; authority of series 23-18.1-4-5 Agreement by member or manager to be obligated for debts, obligations, and liabilities 23-18.1-4-6 Management of series 23-18.1-4-7 Cease to be manager of series; limitation of effect 23-18.1-4-8 Assignment, transfer, or redemption of member's limited liability company interest; cease association with series; limitation of effect 23-18.1-4-9 Voting rights 23-18.1-4-10 Elections by master limited liability company and any series
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