Lux Investing

Can a LLC invest some income in tax free municipal fund instead of interest bearing checking account?

Public Comments

1. Unless you have some state Level problem, there is no basic limitation on where you keep your cash, providing it is not off-shore. Sending money over the borders is not a good idea.
2. Yes, unless the membership agreement says it can not invest otherwise or there is any other investment directives that the members have agreed to meet.