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OFFSHORE OPERATING AGREEMENT by Ridgewood Form

OFFSHORE OPERATING AGREEMENT by Ridgewood Form

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okay the next critical Clause is your management structure all right so in an LLC you need to specify who can make decisions on behalf of that limited liability company now you might be wondering well if it's my LLC they should just know that how are they going to know that when I say they a third party let's say you're closing and title wants to know whether or not you can sign off on the deed on a property that's held in the LLC name they're going to ask for a copy of the operating agreement if you don't have one that's going to delay your closing so by having an operating agreement where you clearly Define who can sign off on documents and what their capacity is you're going to be able to get your deals done much quicker and it's going to create less confusion with the third parties that you're going to be working with going forwards key provision

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