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An operating agreement is a key document used by limited liability companies (LLCs) to outline the business' financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners, called "members".
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The Chicago Rock Island & Pacific Railroad LLC (AAR-reporting mark RILX) is an American Class III railroad operating in Mississippi, Kansas and Oklahoma.It uses the name and the most recent corporate identity of the first Chicago, Rock Island and Pacific Railroad (1852–1980).
A series limited liability company, commonly known as a series LLC, protected cell company, segregated account company, or segregated portfolio company, and sometimes abbreviated as SLLC, is a form of a limited liability company that provides liability protection across multiple "series" each of which is theoretically protected from liabilities arising from the other series.
SandRidge was founded in 2006 by Tom L. Ward upon the acquisition 46% of Riata Energy from Malone Mitchell III for $500 million. Ward previously co-founded Chesapeake Energy with Aubrey McClendon and was the chief operating officer of that company from 1989 until 1996.
After placing these markets in a trust for one year, the Kentucky markets were sold to Verizon Wireless in November 2008 with market transition to be completed by November 2009, and the others, TX-10 and OK-5, were sold to affiliates of MTPCS, LLC, which concurrently adopted the Cellular One brand under a license agreement with Trilogy Partners.
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