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2. Operating agreement - Wikipedia

   en.wikipedia.org/wiki/Operating_agreement

   An operating agreement is a key document used by limited liability companies (LLCs) to outline the business' financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners, called "members".

3. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   It sets forth member capital contributions, ownership percentages, and management structure. Like a prenuptial agreement, an operating agreement can avoid future disputes between members by addressing buy-out rights, valuation formulas, and transfer restrictions. The written LLC operating agreement should be signed by all of its members. [22]

4. Articles of organization - Wikipedia

   en.wikipedia.org/wiki/Articles_of_Organization

   It is the Articles of Organization that establishes the power, rights, liabilities, duties, and other important obligations of LLC members. This document also establishes the obligations between LLC members. [2] Most secretaries of state provide fill-in-the-blank PDF templates to file with the state. Some people use the services of an attorney ...

5. What is a mortgage proof of funds letter? - AOL

   www.aol.com/finance/mortgage-proof-funds-letter...

   Provide the letter to the seller: As soon as you receive the proof of funds letter, pass copies along to your lender and the seller. As with all of your mortgage documents , keep another copy of ...

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7. Low-profit limited liability company - Wikipedia

   en.wikipedia.org/wiki/Low-profit_limited...

   Following filing, the members of the L3C must execute a formal operating agreement. In the operating agreement, L3Cs need to define its purpose per the provisions of IRS Treasury Regs.Sec.53.4944-3(a): an L3C must significantly further the accomplishment of one or more charitable purposes;