Richard Howard-Smith Authors an Article Published in the Spring 2020 Edition of The Journal of the VSB Real Property Section
This article is intended to introduce the reader to Virginia’s newest legal entity and provide a brief overview of some of the more significant characteristics of the “protected series limited liability company” (the “SeLLC”). Hopefully the article provides information to enable readers to assess the potential of the SeLLC with their own review and research of the Act and the SeLLC for asset holding structures that might be useful in particular situations. In particular, a basic discussion of the use of SeLLCs for real estate holdings in Virginia is included.
To read the article in its entirety, click here.