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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".
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 ...
Auriga Capital Corp), [20] parties to an LLC remain free to expand, restrict, or eliminate fiduciary duties in their LLC agreements (subject to the implied covenant of good faith and fair dealing). [21] Under 6 Del. C. Section 18-101(7), a Delaware LLC operating agreement can be written, oral or implied.
Saint Kitts and Nevis (/-ˈ k ɪ t s ... ˈ n iː v ɪ s / ⓘ), officially the Federation of Saint Christopher and Nevis, [7] is an island country consisting of the two islands of Saint Kitts and Nevis, both located in the West Indies, in the Leeward Islands chain of the Lesser Antilles.
Legally, Almeda University was a corporation registered on the Caribbean island of Nevis. [8] It was listed as an accredited member of Interfaith Education Ministries [9] and the Association for Online Academic Excellence, [10] and claimed accreditation by the Council for Distance Education Accreditation; [11] however, none of these were recognized by the United States Department of Education ...
Pursuant to the Education Act of 1976, education in Saint Kitts and Nevis is compulsory between the ages of 5 and 16. [1] In 1997, the gross primary enrollment rate was 97.6 percent, and the net primary enrollment rate was 88.6 percent. [1] Primary school attendance rates were unavailable for St. Kitts & Nevis for 2001. [1]
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