Deposits and Investments. The funds of the Company shall be deposited in the name of the Company in accounts designated by the Board of Managers in banks or banking institutions to be selected by the Board of Managers or invested in such manner as shall be authorized by the Board of Managers. The Board of Managers shall prescribe such procedures as its shall deem necessary with respect to making such investments.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (CHS Inc), Limited Liability Company Agreement (CHS Inc), Limited Liability Company Agreement (Cenex Harvest States Cooperatives)
Deposits and Investments. The funds of the Company shall be deposited in the name of the Company in accounts designated by the Board of Managers in brokerage houses, banks or banking institutions to be selected by the Board of Managers Managers, or invested in such manner as shall be authorized by the Board of Managers. The Board of Managers shall prescribe such procedures as its they shall deem necessary with respect to making such investmentsinvestments and disbursements or withdrawals of Company funds.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cooke Bros Holdings LTD)
