Banking. All funds of the Company will be deposited in a separate bank account or in an account or accounts of a savings and loan association in the name of the Company as determined by a Majority of the Members. Company funds will be invested or deposited with an institution, the accounts or deposits of which are insured or guaranteed by an agency of the United States government.
Appears in 234 contracts
Samples: Limited Liability Company Operating Agreement (Sibannac, Inc.), Multi Member Operating Agreement, Limited Liability Company Operating Agreement
Banking. All funds of the Company will be deposited in a separate bank account or in an account or accounts of a savings and loan association in the name of the Company as determined by a Majority majority of the Members. Company funds will be invested or deposited with an institution, the accounts or deposits of which are insured or guaranteed by an agency of the United States government.. SECTION 8
Appears in 51 contracts
Samples: Insert State Here] Operating Agreement, Insert State Here] Operating Agreement, District of Columbia Operating Agreement
Banking. All funds of the Company will be deposited in a separate bank account or in an account or accounts of a savings and loan association in the name of the Company as determined by a Majority of the Members. Company funds will be invested or deposited with an institution, the accounts or deposits of which are insured or guaranteed by an agency of the United States government.. SECTION 8
Appears in 28 contracts
Samples: Multi Member Operating Agreement, Multi Member Operating Agreement, Multi Member Operating Agreement
Banking. All funds of the Company will shall be deposited in a separate bank account or in an account or accounts of a savings and loan association in the name of the Company as determined by a the Majority of the Members. Company funds will shall be invested or deposited with an institution, the accounts or deposits of which are insured or guaranteed by an agency of the United States government.. SECTION VIII
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Banking. All funds of the Company will be deposited in a separate bank account or in an account or accounts of a savings and loan association in the name of the Company as determined by a Majority majority of the Members. Company funds will be invested or deposited with an institution, the accounts or deposits of which are insured or guaranteed by an agency of the United States government.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Banking. All funds of the Company will be deposited in a separate bank account or in an account or accounts of a savings and loan association in the name of the Company as determined by a Majority majority of the Members. Company funds will be invested or deposited with an institution, the accounts or deposits of which are insured or guaranteed by an agency of the United States government.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Banking. All funds of the Company will be deposited in a separate bank account or in an account or accounts of a savings and loan association in the name of the Company as determined by a Majority of the MembersManager. Company funds will be invested or deposited with an institution, the accounts accounts, or deposits of which are insured or guaranteed by an agency of the United States government. The Manager shall be authorized to open accounts and be authorized signatory on all accounts.
Appears in 1 contract
Samples: Holdings, LLC Operating Agreement
Banking. All funds of the Company will be deposited in a separate bank account account(s) or in an account or accounts of a savings and loan association in the name of the Company as determined by a Majority of the MembersMember(s). Company funds will be invested or deposited with an institution, the accounts or deposits of which are insured or guaranteed by an agency of the United States government.
Appears in 1 contract
Samples: Operating Agreement
Banking. All funds of the Company will be deposited in a separate bank account or in an account or accounts of a savings and loan association in the name of the Company as determined by a Majority unanimous vote of the Members. Company funds will be invested or deposited with an institution, the accounts or deposits of which are insured or guaranteed by an agency of the United States government.
Appears in 1 contract
Samples: Operating Agreement
Banking. All funds of the Company company will be deposited in a separate bank account or in an account account, or accounts accounts, of a savings and loan association association, in the name of the Company company as determined by a Majority majority of the Membersmembers. Company funds will be invested or deposited with an institution, the accounts or deposits of which are insured or guaranteed by an agency of the United States government.
Appears in 1 contract
Samples: Operating Agreement
Banking. All funds of the Company will be deposited in a separate bank account or in an account or accounts of a savings and loan association in the name of the Company as determined by a Majority of the MembersMember. Company funds will be invested or deposited with an institution, the accounts or deposits of which are insured or guaranteed by an agency of the United States government.
Appears in 1 contract
