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Interest Bearing Checking

Posted on April 6, 2010.
Interest Bearing CheckingIs a LLC to invest a portion of income tax-free municipal funds instead of taking a controlling interest account?

Yes, unless the membership agreement states that it can invest elsewhere or there are other investment guidelines that members have agreed to meet.

Unless you have a problem of state level, there is no basic limitation on where you keep your money, provided it is not offshore. Sending money across borders is not a good idea.

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