📄 Extracted Text (355 words)
independent act pursuant to the provisions of Section 1801, Subsections (41 and :5) of
the Uniform Limited Liability Company Act.
ARTICLE TOUR
ORGANIZER
The name and physical address of the Organizer of the Company is Enka A.
KeBethel/. 9100 Port of Sale Mall, Suite IS, St. Thomas, U.S. Virgin Islands 00802.
ARTICLE pm
MANAGEMENT
The Company shall be manager managed. The initial manager of the company shall be
Lawrence Visoski. The physical and mailing address or the manager is 9100 Port of
Sale Mall, Suite 15. St. Thomas, U S. Virgin Islands 00802.
ARTICLE SIX
CAPITAL
The Company shall begin business with capita) in the amount of One Thousand
United States Dollars IUS $1.000.001
ARTICLE SEVEN
LIMITATION OF LIABILITY
No manager of the Company shall be habit to the Company or its members for
monetary damages for an act or an omission in such managers capacity as a member,
except for liability of s manager for (i) a breach of a ir.anager's duty of loyalty to the
Company or its members, (ii) an act or omission. not in good birth, that constitutes •
breach of duty of a manager to the Company or an act or omission that involves
intentional misconduct or a knowing violation of the law, (iii) a tran•actior. from which
a manager received an improper benefit, whether or not the benefit resulted from an
action taken within the scope of the manager's position, or (Ir) an act or omission for
which the liability of a manager is expressly provided for by an applicable statute If
the Uniform Limited Liabdity Company Act or other applicable law is amended to
authorise action further eliminating or limiting the liability of managers, then the
liability of any manager of the Company shall be eliminated or limited to the fullest
event permitted by the Uniform Limited Liability Company Act or other applicable
law, as so amended.
Any repeal or modification of the foregoir.g paragraph by the members shall not
adversely affect any right or protection of any manager existing at the time of such
repeal or modification.
Confidential Treatment Requested by JPM-SDNY-00002290
JPMorgan Chase
CONFIDENTIAL SDNY_GM_002714136
EFTA01480196
ℹ️ Document Details
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EFTA01480196
Dataset
DataSet-10
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document
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1
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