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LLCs operating without an operating agreement are governed by the state's default rules contained in the relevant statute and developed through state court decisions. An operating agreement is similar in function to corporate by-laws, or analogous to a partnership agreement in multi-member LLCs. In single-member LLC, an operating agreement is a ...
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 ...
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The Northeast Operating Rules Advisory Committee (NORAC) is a body of railroads that establish a set of operating rules for railroads in North America. The NORAC rulebook is used by full and associate member railroads, located mostly in the Northeast United States .
The New York Police Department received reports of an assault at the Grand Central-42 Street subway station at approximately 10:15 p.m. Upon responding to the incident, officers found a 26-year ...
It's a classic tale: You have last-minute guests coming over for dinner or a bake sale fundraiser you didn't find out about until the night before—and now you need to concoct some tasty treats ...
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