Reg. § 301.7701.3. No election shall be made that would prevent the Company from being disregarded as an entity separate from its owner. ARTICLE 7. Books, Records, Bank Accounts and Assets 7.1. Maintenance of Books. The Manager shall keep, or cause to be kept, at the principal office of the Company complete a

Losses Other than in Liquidation 14 7.2. Allocation of Net Income and Net Losses in Liquidation 14 7.3. Other Allocations Rules 14 Section 8. Books, Records, Tax Matters and Bank Accounts 15 NBVIYORK 6941III (1) EFTA00614192 8.1. Books and Records 15 8.2. Reports and Financial Statements 15 8.