Compliance with Code. The requirements of this Article are intended, and will be construed, to ensure that the allocations of the Series’ income, gain, losses, deductions, and credits have substantial economic effect under the Regulations promulgated under Section 704(b) of the Code.
Appears in 8 contracts
Sources: Limited Liability Company Operating Agreement (Forte Investment Fund, LLC), Limited Liability Company Operating Agreement (Forte Investment Fund, LLC), Limited Liability Company Operating Agreement (Forte Investment Fund, LLC)