Bank accounts; Title to Business Property. The funds of the Company will be deposited in bank accounts, or invested in interest-bearing or non-interest-bearing investments in the Company’s name, as will be determined by the members. The funds of the Company will not be commingled with the funds of any other person. The members will not employ, or permit any other person to employ such funds in any manner except for the benefit of the Company. Title to business property will be held, and conveyances will be made, in the name of the Company.
Appears in 53 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
