AMENDMENT NO. 4 TO LIMITED LIABILITY COMPANY AGREEMENT OF JERNIGAN CAPITAL OPERATING COMPANY, LLC December 16, 2019Limited Liability Company Agreement • December 17th, 2019 • Jernigan Capital, Inc. • Real estate investment trusts
WHEREAS, in accordance with Section 14.1(B)(3) of the Limited Liability Company Agreement (the “Operating Agreement”) of Jernigan Capital Operating Company, LLC, the Managing Member hereby amends the Operating Agreement without the consent of the Non-Managing Members as follows in order to designate the terms of Class B Units.
