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Charles N Wyble 2025-03-04 20:44:21 -06:00
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src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md
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@ -114,6 +114,19 @@ This Agreement specifically implements:
* **Operational Standards**: Uniform operational standards, electronic recordkeeping requirements, and compliance protocols ensuring consistent business operations while maintaining series isolation and regulatory compliance.
### Tax and Regulatory Considerations
This amendment and restatement has been structured with careful consideration of:
* Federal, state, and local tax implications for the Company and its series;
* Securities law compliance for current and future capital raising activities;
* Regulatory requirements across all jurisdictions where the Company and its series operate; and
* Preservation of favorable tax treatment for all existing and prospective members.
## Section 1.4 - Effect of Amendment and Restatement
Upon execution of this Agreement: