Depositories. The Member shall maintain or cause to be maintained one or more accounts for the Company in such depositories as the Member shall select. All receipts of the Company from whatever source received (but no funds not belonging to the Company) shall be deposited to such accounts, and all expenses of the Company shall be paid from such accounts. Unless otherwise determined by the Member, all signatories on any such account shall be bonded under a blanket commercial bond insuring the Company against loss, and such accounts shall be insured against loss from forgery.
Appears in 9 contracts
Samples: Operating Agreement (2420 Lakemont Avenue MM, LLC), Operating Agreement (2420 Lakemont Avenue MM, LLC), Limited Liability Company Operating Agreement (Ameripath Indiana LLC)
