b'or owe interest on account of your late filings, they will not appreciate you, and may ask you to compensate them.Initial Meeting of Your Members To kick off your new company, we recommend that you hold an initial meeting for your new company while the manager is still the only member. Thishappensafterweformyourcompanybutbeforeyoucloseona property or start admitting members. Themeetingcanbeheldbyphoneorinpersonifthereareother members of the managing entity who should be included, but you should follow the meeting protocol described in your companys agreement for calling and conducting the meeting and any votes or resolutions taken. At the initial meeting, you should:1.Accept the managing entity; and 2.Adopt any other resolutions as necessary to authorize the manager to conduct business and raise money for the company.Maintain Company Books and Records You must maintain separate books and records for the company and must not allow the funds of the company to be commingled with the funds of any other company you own or control; or any other bank account owned or controlled by the manager or any of its individual members, officers, partners or employees, or another member of the company. We recommend you start a filing system or three-ring binder notebook to house the companys operating agreement, meeting minutes, resolutions, 270'