Jun 3, 2024, 2:19 PM

COOTodo.md

@@ -34,30 +34,6 @@
 - D&BSN
 - sam
 
-
-- Finalize operating agreement with following series language
-
-```
-series language
-
-Notice of Limitation on Liability of Series
-
-The Company Agreement may establish or provide for the establishment of one or more designated series of members, managers, membership interests, or assets that (1) has separate rights,
-powers, or duties with respect to specified property or obligations of the Company or profits and losses associated with specified property or obligations, or (2)
-has a separate business purpose or investment objective.
-
-Subject to the provisions of the Texas Business Organizations Code (1) the debts, liabilities, obligations, and expenses incurred, contracted for, or otherwise existing with
-respect to a particular series shall be enforceable against the assets of that series only, and shall not be enforceable against the assets of the Company generally
-or any other series, and (2) none of the debts, liabilities, obligations, and expenses incurred, contracted for, or otherwise existing with respect to the Company generally –
-or any other series – shall be enforceable against the assets of a particular series.
-
-Specific series of assets shall be separately labeled or enumerated in such a manner as to identify each series’ assets, structure, and operations.
-Pursuant to §101.614 of the Texas Business Organizations Code, and as ore fully set forth in the Company Agreement,
-a specific series and its business and affairs ay be wound up and terminated without causing the winding up of the Company.
-The winding up of a series shall not affect the litigation of liability of members and managers of other series or the Company at large.
-
-```
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 - Contract execution
   - NDA
   - Non compete