LIMITED LIABILITY COMPANY AGREEMENT OF JERNIGAN CAPITAL OPERATING COMPANY, LLC THE SECURITIES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE AND MAY...Limited Liability Company Agreement • January 5th, 2016 • Jernigan Capital, Inc. • Real estate investment trusts • Delaware
THIS LIMITED LIABILITY COMPANY AGREEMENT of Jernigan Capital Operating Company, LLC (the “Company”), dated as of December 30, 2015, (the “Agreement”) is entered into by and among Jernigan Capital, Inc., a Maryland corporation, as the “Managing Member” of the Company and Jernigan Capital OP, LLC as the “Initial Non-Managing Member”, together with any other Persons who become Members of the Company as provided herein.
