ERISA Considerations. The Partnership's objectives and policies are designed to make an investment in Units appropriate for Tax-Exempt Investors. The Partnership and its policies have been structured to meet the standards for: (i) excluding the assets of the Partnership from the assets of the Limited Partners which are employee benefit plans for purposes of the Employee Retirement Income Security Act of 1974 ("ERISA") in accordance with the exemptions contained in regulations of the Department of Labor; and (ii) minimizing any allocation of "unrelated business taxable income" to tax-exempt entities. However, see "RISK FACTORS-Investment by Tax-Exempt Investors", "FEDERAL INCOME TAX CONSEQUENCES Investment by Tax-Exempt Investors" and "ERISA CONSIDERATIONS" herein.
Appears in 7 contracts
Samples: Subscription Agreement (Redwood Mortgage Investors Viii), Subscription Agreement (Redwood Mortgage Investors Viii), Subscription Agreement (Redwood Mortgage Investors Viii)
