LLC’S POWERS. In pursuing its lawful purposes, the LLC shall have the power to do all things that LLCs are permitted to do under the LLC Act.
Appears in 2 contracts
Sources: Operating Agreement, Operating Agreement
LLC’S POWERS. In pursuing its lawful purposes, the LLC shall have the power to do all things that LLCs are permitted to do under the LLC Act, including any powers that are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the LLC.
Appears in 1 contract
Sources: Limited Liability Company Agreement (American Diversified Energy LLC)