Financial Statements, Reports. Manager, or a third party retained by Manager will prepare the Fund’s tax returns. The Fund will also employ a certified public accountant to perform an audit of the Fund’s financial statements annually. The Manager shall prepare quarterly financial statements A copy of such internally prepared financial statements will be made available to the Members. The cost of any financial statements, tax returns, and audits will be paid solely by the Fund. The Fund will provide the Members with a statement of their Units in the Fund within approximately 90 days following the close of the last quarter of each taxable year, as well as through periodic statements and newsletters. In addition, as soon as practicable following the close of each taxable year, the Fund will provide the Members with information for their use in preparing documents required to be filed under federal income tax laws and other federal laws. The cost for any such report shall be borne by the Fund.
Appears in 6 contracts
Samples: Limited Liability Operating Agreement, Limited Liability Operating Agreement, Limited Liability Operating Agreement
