Acct #. As a Member or Manager of the LLC named above, I certify that the LLC has been organized within the bounds of state law as an LLC with its principal office located at: I further attest that at the initial meeting of the LLC’s members was held on , a quorum was present, and voting and adopted the following resolutions: Resolved, that the financial institution named above is designated as a depository for the funds of this LLC, which may be withdrawn on checks, drafts, debit advices, notes, or other orders for payments bearing any officer, manager, or authorized employee of this LLC. Further Resolved, that the financial institution will accept and pay on, without further inquiry, any checks or debits drawn against any of the LLC’s accounts. The checks or debits will be honored by the financial institution whether the item has been drawn or endorsed to the order of any authorized officer, manager, or employee signing; tendered by the authorized officer, manager, or employee for the purpose of cashing or payment; or for deposit to the officer’s, manager’s, or employee’s personal account. The financial institution will not be required to inquire as to the use of any check or debit signed in accordance with the resolutions contained herein. Further Resolved, that the officers, managers, or authorized employees may execute other agreements, including, but not limited to, special depository agreements, and arrangements concerning the manner, condition, and/or purposes for which funds, checks, debits, or items of the LLC may be deposited, collected, or withdrawn, as long as these other agreements are not contrary to the provisions contained in this resolution. Further Resolved, that the power granted to the LLC’s officers, managers, or authorized employees will remain in full force and effect until written notice has been delivered and received by the financial institution at each location where an account is maintained. The financial institution will be indemnified and held harmless from any losses suffered or liabilities incurred by continuing to act in accordance with this resolution. I Further Attest that the person(s) named below occupy the stated position, as indicated by their signature, and that the resolutions contained in this document are recorded on the books of the LLC, and these resolutions are in full force and effect and have not been altered in any way. CERTIFIED AND ATTESTED TO ON THIS DAY OF , 20 , BY:
Appears in 89 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Acct #. As a Member or Manager of the LLC named above, I certify that the LLC has been organized within the bounds of state law as an LLC with its principal office located at: I further attest that at the initial meeting of the LLC’s members was held on , a quorum was present, and voting and adopted the following resolutions: Resolved, that the financial institution named above is designated as a depository for the funds of this LLC, which may be withdrawn on checks, drafts, debit advices, notes, or other orders for payments bearing any officer, manager, or authorized employee of this LLC. Further Resolved, that the financial institution will accept and pay on, without further inquiry, any checks or debits drawn against any of the LLC’s accounts. The checks or debits will be honored by the financial institution whether the item has been drawn or endorsed to the order of any authorized officer, manager, or employee signing; tendered by the authorized officer, manager, or employee for the purpose of cashing or payment; or for deposit to the officer’s, manager’s, or employee’s personal account. The financial institution will not be required to inquire as to the use of any check or debit signed in accordance with the resolutions contained herein. Further Resolved, that the officers, managers, or authorized employees may execute other agreements, including, but not limited to, special depository agreements, and arrangements concerning the manner, condition, and/or purposes for which funds, checks, debits, or items of the LLC may be deposited, collected, or withdrawn, as long as these other agreements are not contrary to the provisions contained in this resolution. Further Resolved, that the power granted to the LLC’s officers, managers, or authorized employees will remain in full force and effect until written notice has been delivered and received by the financial institution at each location where an account is maintained. The financial institution will be indemnified and held harmless from any losses suffered or liabilities incurred by continuing to act in accordance with this resolution. I Further Attest that the person(s) person named below occupy the stated position, as indicated by their signature, and that the resolutions contained in this document are recorded on the books of the LLC, and these resolutions are in full force and effect and have not been altered in any way. CERTIFIED AND ATTESTED TO ON THIS DAY OF , 20 , BY:
Appears in 1 contract
Samples: Operating Agreement
