LLC Questions

I have several questions regarding an LLC. I have searched many sites and forums and haven’t been able to find answers addressing my concerns.

First of all, I have created a funding company. It is a partnership based LLC. In our Articles of Organization, our registered agent is also the MGR. However, the partnership, which consists of three managing members does not show on our Articles of Organization. It actually is reflected in our Business Agreement. Is that ok?

Second, with an LLC, how are investors treated for taxation and accounting purposes? These are investors strictly for profit and have no role in the business aside from that. Would they receive a 1099? I am having a meeting shortly with an accountant, but would like to have an idea of what to expect.

I appreciate all of your help.