Module 3: Master-Child (Series) Design & Operational Governance
About Course
In a Series LLC, the organizational structure is centered around a “Master LLC” that governs and authorizes the formation of multiple sub-entities known as “series.” This master-child design allows for centralized governance while granting each series operational independence.
Course Content
Lesson 3.1: Structure of Master LLC and Series
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1. Master LLC (Parent Entity)
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2. Series (Child Entities)
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3. Naming Conventions & Internal Controls in a Real Estate Series LLC
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4. Compliance Considerations
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5. Governance Documents and Supporting Resolutions