Books and Records Fiscal Year. There shall be maintained and kept at all times during the continuation of the LLC, proper and usual books of account in accordance with generally accepted principles of accounting consistently applied and which shall accurately reflect the condition of the LLC and shall account for all matters concerning the management thereof; which books shall be maintained and kept at the principal office of the LLC or at such other place or places as the Manager may from time to time determine. The LLC's books and records shall be maintained on the basis selected by the Manager. The fiscal year of the LLC shall commence January 1 and terminate on December 31 of the same calendar year.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement (Peoples Liberation Inc), Limited Liability Company Operating Agreement (Peoples Liberation Inc), Limited Liability Company Operating Agreement (Peoples Liberation Inc)
Books and Records Fiscal Year. There shall be maintained and kept at all times during the continuation of the LLC, proper and usual books of account in accordance with generally accepted principles of accounting consistently applied and which shall accurately reflect the condition of the LLC and shall account for all matters concerning the management thereof; which books shall be maintained and kept at the principal office of the LLC or at such other place or places as the Manager may from time to time determine. The LLC's ’s books and records shall be maintained on the basis selected by the Manager. The fiscal year of the LLC shall commence January 1 and terminate on December 31 of the same calendar year.
Appears in 2 contracts
Samples: Operating Agreement (Peoples Liberation Inc), Operating Agreement (Peoples Liberation Inc)
