Ownership of Interests. The ownership of Interests shall be recorded on the books of the Fund or a transfer or similar agent for the Fund. No certificates certifying the ownership of Interests shall be issued except as the Board of Directors may otherwise determine from time to time.
Appears in 5 contracts
Samples: Operating Agreement (Grosvenor Registered Multi-Strategy Master Fund, LLC), Operating Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 1), LLC), Operating Agreement (Columbia Management Multi Strategy Hedge Fund LLC)