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Certain Definitions.  \n1.1 “Articles of Organization” means the document filed with the New York Secretary of State that is required to form a limited liability company in State of New York.  \n1.2 “Fiscal Year” shall be from [January 1 through December 31] of each year until or unless changed by Member.  \n1.3 “Person” whether capitalized or not, means any individual, sole proprietorship, joint venture, partnership, corporation, company, firm, bank, association, cooperative, trust, estate, government, governmental agency, regulatory authority, or other entity of any nature.  \n2. Organization.  \n2.1 Company Name. The name of the limited liability company formed hereby shall be   [NAME OF LLC] (the “Company”) .  \n2.2 Purpose. The Company is formed for the object and purpose of, and the nature of the business to be conducted and promoted by the Company, is engaged in any lawful act or activity for which limited liability companies may be formed under the Act (including with our without limitation,  \n[BRIEFLY DESCRIBE SERVICES]), and engaging in any and all activities necessary or incidental to the foregoing.  \n2.3 Registered Office; Registered Agent. The Company shall maintain a registered office at   [REGISTERED ADDRESS] and its principal office at   [PRINCIPAL ADDRESS] . The Members may at any time change the location of the Company ’s principal offices and may establish additional offices. The name of the Company ’s resident agent is  \n[NAME AND ADDRESS OF RESIDENT AGENT] .  \n2.4 Term. The term of the Company shall commence on the date first written above and  \nshall have perpetual existence unless it shall be dissolved and its affairs shall have been wound up as provided in Section 7 (Dissolution and Winding Up of Business) .  \n2.5 Qualification in Other Jurisdictions. The Company may register in any other jurisdiction upon the approval of the Member.  \n2.6 Bank Accounts. All funds of the Company shall be deposited in one or more accounts with one or more recognized financial institutions in the name of the Company, at such locations as shall be determined by Member. Withdrawal from such accounts shall require the signature of such person or persons as Member may designate.  \n3. Accounts and Records.  \n3.1 Records and Accounting; Reports; Fiscal Affairs. Proper and complete records and books of accounting of the business of the Company, including a list of names, addresses and interests of all Members, shall be maintained at the Company ’s principal place of business. The books and records of the Company shall be kept on cash basis of accounting, and the cash basis of accounting shall be followed by the Company for federal income tax purposes.  \n3.2 Fiscal Year End. The fiscal year end shall be [December 31] .  \n3.3 Keeper of the Books. At all times during the term of existence of the Company    [MEMBER NAME], in [his/her] capacity as Member shall keep or cause to be kept the books of accounts referred to in Section 3.1 (Records and Accounting), and the following:  \n(a) A current list of the full name and last known business or residence address of each Member  \n(b) A copy of the Articles of Organization, as amended;  \n(c) Executed counterparts ofthis Agreement, as amended;  \n(d) Any powers of attorney under which the Company takes action;  \n(e) Copies of the Company's federal, state, and local income tax or information returns an","cbCaiiZASh6JdVGo","https://ap.wps.com/l/cbCaiiZASh6JdVGo","pdf",95656,"English","# Certain Definitions\n## Articles of Organization\n## Fiscal Year\n## Person\n# Organization\n## Company Name\n## Purpose\n## Registered Office; Registered Agent\n## Term\n## Qualification in Other Jurisdictions\n## Bank Accounts\n# Accounts and Records\n## Records and Accounting; Reports; Fiscal Affairs\n## Fiscal Year End\n## Keeper of the Books\n# Powers\n# Management","[{\"question\":\"What does the agreement define as “Articles of Organization” and “Fiscal Year”?\",\"answer\":\"“Articles of Organization” is the document filed with the New York Secretary of State to form an LLC in New York. “Fiscal Year” runs from January 1 through December 31 each year until changed by the member.\"},{\"question\":\"What recordkeeping and accounting requirements does the agreement include?\",\"answer\":\"It requires proper and complete books and records, maintained at the company’s principal place of business. The template specifies cash basis accounting for federal income tax purposes and lists the types of documents and records that must be kept.\"},{\"question\":\"How is the company managed under this agreement?\",\"answer\":\"Management is vested in the sole member, who can authorize and undertake actions without a meeting. The member may appoint officers and delegate powers and authority to individuals or entities.\"}]","Texas LLC Limited Liability Company Operating Agreement Template - Operating Agreement Template | PDF",1789573924]