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Code of Federal Regulations Title 46. Shipping § 46.298.38 Partnership agreements and limited liability company agreements

Current as of October 02, 2022 | Updated by FindLaw Staff

Partnership and limited liability company agreements must be in form and substance satisfactory to us prior to any Guarantee Closing, especially relating, but not limited to:

(a) Duration of the entity;

(b) Adequate partnership or limited liability company funding requirements and mechanisms;

(c) Dissolution of the entity and withdrawal of a general partner or member;

(d) The termination, amendment, or other modification of the entity without our prior written consent;  and

(e) Distribution of funds or ownership interest.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 46. Shipping § 46.298.38 Partnership agreements and limited liability company agreements - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-46-shipping/cfr-sect-46-298-38/

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