Vermont does not authorize Series LLCs. Here is what to do instead.
Vermont has not statutorily authorized the Series LLC structure. Founders looking for the asset-segregation benefits of a Series LLC have three practical alternatives: standalone LLCs per asset, parent-subsidiary structure, or a Series LLC formed in a state that authorizes them (typically Delaware, Texas, Illinois, or Nevada) with foreign qualification into Vermont.
Discuss alternatives →Three alternatives for Vermont founders
Form a separate Vermont LLC for each property or risk pool. Cleanest structure, full asset protection, but higher cost per entity.
A holding LLC owns multiple operating subsidiaries. Each subsidiary owns one asset or business line. Common for real estate and multi-brand operations.
Form the Series LLC in a state that authorizes them (Delaware, Texas, Illinois, Nevada), then foreign-qualify in Vermont. Inter-series protection works in the home state; respect by Vermont courts is uncertain.
Up a level, or across to the neighbors.
Series LLC by state
The national explainer above this page: what changes between jurisdictions, and why.
Open the hub → SectionSecretary of State directory
Every filing the state business office takes, state by state.
Open the section → StateVermont business filings
Every filing a business makes in Vermont, gathered on one page.
Open Vermont → In VermontBusiness license in Vermont
Business license requirements, state by state
Read the guide → In VermontFederal EIN in Vermont
The federal EIN, state by state
Read the guide → In VermontSecretary of State annual report in Vermont
The annual report, state by state
Read the guide → In VermontSecretary of State reinstatement in Vermont
Reinstatement, state by state
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