SINGLE MEMBER OPERATING AGREEMENT OPERATING AGREEMENT OF SARC/SAN ANTONIO, LLC Members
Exhibit 3.86
SINGLE MEMBER OPERATING AGREEMENT
OPERATING
AGREEMENT
OF
SARC/SAN ANTONIO, LLC
Members
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Aggregate |
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Cash Contributed or Agreed |
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Name, Address, SSN |
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Financial |
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Governance |
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Services Contributed |
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ARC Financial Services Corporation |
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100 |
% |
100 |
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1,000.00 |
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ATTEST: The above information is true, complete and correct this the 29th day of June, 2001. |
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/s/ Xxxxxx X. Xxxxx |
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Secretary |
1
SINGLE MEMBER OPERATING AGREEMENT
SARC/SAN ANTONIO,
LLC
OPERATING AGREEMENT
Parties to Contribution Agreements
Name, Address, SS# |
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Class of Membership Interest |
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Amount of Cash or Value of |
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Time at Which Contribution is |
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None |
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ATTEST: The above information is true. complete and correct this the 29th day of June, 2001. |
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/s/ Xxxxxx X. Xxxxx |
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Secretary |
2
SINGLE MEMBER OPERATING AGREEMENT
SARC/SAN ANTONIO, LLC
OPERATING AGREEMENT
Parties to Contribution Allowance Agreements
Name, Address, SS# |
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Class of Membership Interest |
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Amount of Cash or Value of Property |
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Time at Which |
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None |
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ATTEST: The above information is true, complete and correct this the 29th day of June, 2001. |
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/s/ Xxxxxx X. Xxxxx |
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Secretary |
3
SINGLE MEMBER OPERATING AGREEMENT
SARC/SAN ANTONIO, LLC
OPERATING AGREEMENT
Assignees of Financial Rights
Name, Address, SS# |
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Name of |
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Amount of Financial Rights Assigned |
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None |
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ATTEST: The above information is true, complete and correct this the 29th day of June, 2001. |
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/s/ Xxxxxx X. Xxxxx |
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Secretary |
4
SINGLE MEMBER OPERATING AGREEMENT
SARC/SAN ANTONIO, LLC
OPERATING AGREEMENT
Managers
Chief Manager and President: |
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Xxxxxxx X. Xxxx |
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Chief Financial Officer, Sr. Vice President, |
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Secretary and Treasurer: |
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Xxxxxx X. Xxxxx |
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Chief Development Officer |
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and Sr. Vice President: |
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Xxxxxxx X. X. Xxxx |
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Principal Executive Office: |
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0000 Xxxx Xxx Xxxxxx |
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Suite 120 |
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Nashville, Tennessee 37203 |
Except as provided herein, the LLC shall be controlled by the default rules of the Act and the provisions of the Articles. The LLC shall be member-managed. The Membership Interests (Financial Rights and Governance Rights) are as set forth herein. In order to make a distribution greater than the amount required to pay federal income taxes on the income of the LLC, all distributions shall require the consent of the majority of the Members. There shall, to the extent reasonably possible, be annual distributions equal to the federal tax on the taxable income of the LLC. Membership Interests and Financial Rights may only be assigned upon the consent of a majority of the Members. New Members may only be admitted on a Majority Vote of the then existing Members. For these purposes, “Majority Vote” shall mean a majority of the Governance Rights entitled to vote on the matter, or with respect to Members, a majority in number of Members entitled to vote, whether or not present at a meeting. The only dissolution events shall be the having of no Members or a Majority Vote of the Members to dissolve the LLC.
This the 29th day of June, 2001.
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SYMBION AMBULATORY RESOURCE |
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By: |
/s/ Xxxxxxx X. Xxxx |
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Xxxxxxx X. Xxxx |
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President and CEO |
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ATTEST: The above information is true, complete and correct this the 29th day of June, 2001. |
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/s/ Xxxxxx X. Xxxxx |
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Secretary |
5