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src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md

@@ -825,16 +825,36 @@ All records of the Company and its series shall be maintained exclusively in ele
 #### 3.3.4 - Limited Exceptions
 
 1. **De Minimis Exception**: Transactions under $10,000 in aggregate value within any 12-month period may proceed without formal Redwood Springs Capital Partners Group LLC involvement, provided that:
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    a. The transaction is documented in the electronic records system;
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    b. The Campus Trading Company LLC systems are used for processing;
-   c. The transaction is reported to Redwood Springs Capital Partners Group LLC within 10 business days; and
-   d. The transaction does not involve issuance of securities or profit interests.
+   
+   c. The transaction is reported to Redwood Springs Capital Partners Group LLC within 10 business days;
+   
+   d. The transaction does not involve issuance of securities or profit interests; and
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+   e. The aggregate of all de minimis exceptions for a series does not exceed $25,000 in any 24-month period.
 
 2. **Emergency Exception**: In case of bona fide emergencies threatening the immediate viability of a series, temporary emergency funding may be accepted with:
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    a. Prior written approval of the Board Chair or their designee;
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    b. Notification to Redwood Springs Capital Partners Group LLC within 24 hours;
-   c. Full documentation submitted within 3 business days; and
-   d. Restructuring of the emergency funding through proper channels within 30 days.
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+   c. Full documentation submitted within 3 business days;
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+   d. Restructuring of the emergency funding through proper channels within 30 days; and
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+   e. A detailed written explanation of:
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+      i. The nature of the emergency;
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+      ii. Why normal channels were insufficient;
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+      iii. The source of emergency funding; and
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+      iv. The plan to prevent similar emergencies in the future.
 
 ## ARTICLE 4 - SERIES ESTABLISHMENT AND MAINTENANCE