Registration Needed: KY LLC Investing in IN LLC

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I am considering investing in a syndication deal (purchasing LLC shares in an Indiana LLC) from my KY LLC. If I send funds from my KY LLC checking account, does that KY LLC need to be registered in Indiana?

Thanks @Lee Smith , I was hoping maybe it'd somehow fall under an exemption. It would literally be writing a check into a passive investment, purchasing shares in an Indiana LLC. It's not like the KY LLC would own physical property there, but it sounds like that doesn't matter.