Indiana Code Title 23. Business and Other Associations § 23-18.1-4-8

(1) be associated with a series;  and

(2) have the power to exercise any rights or powers of a member with respect to the series;

(1) member to cease to be associated with any other series or terminate the continued membership of a member in the master limited liability company;  or

(2) termination of the series, regardless of whether the member was the last remaining member associated with the series, unless the business of the series is not continued as provided for under IC 23-18-9-1.1(c).