Tennessee § 48-249-406 - Required records.

Full text of Tennessee Tennessee Code Annotated § 48-249-406 — Required records., with citation guidance and answers to common questions.

§ 48-249-406. Required records.

An LLC shall keep, at its principal executive office or at another place or places within the United States determined by the members of a member-managed LLC, the managers of a manager-managed LLC, or the directors of a director-managed LLC: A current list of the full name and last known business, residence or mailing address of each member, each manager or director, as applicable, and each officer, if any, of the LLC, together with the taxpayer identification number of each member of the LLC; A current list of the full name and last known business, residence or mailing address of each holder of financial rights of the LLC, and a description of the financial rights held, together with the taxpayer identification number of each holder of financial rights of the LLC; A copy of the articles of the LLC and all amendments to the articles; A copy of any currently effective written operating agreement of the LLC; Copies of the LLC's federal, state and local income tax returns and reports, if any, for the three (3) most recent years; Financial information sufficient to provide true and full information regarding the status of the business and financial condition of the LLC for the three (3) most recent fiscal years; Records of all proceedings of the members and of the holders, if any, of the LLC; Any written consents obtained from the members or from the holders, if any, of the LLC; Records of all proceedings of the managers or board of directors, as applicable, of the LLC for the last three (3) years; A statement of all contributions accepted by the LLC under § 48-249-301, the identity of the contributor and the agreed value of each contribution; A copy of all contribution agreements created under § 48-249-301 to which the LLC is bound; and A copy of the LLC's most recent annual report filed with the secretary of state under § 48-249-1017. Acts 2005, ch. 286, § 1.

Frequently Asked Questions About Tennessee § 48-249-406

What does Tennessee Code Annotated § 48-249-406 cover?

Section 48-249-406 ("Required records.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Tennessee § 48-249-406?

A common citation format is "Tennessee Code Annotated § 48-249-406" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Tennessee law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.

How does Tennessee § 48-249-406 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.