An individual or entity chosen by the Members of an LLC to manage the daily operations of the LLC. A Manager can be, but does not have to be, a Member.
An individual or entity chosen by the Members of an LLC to manage the daily operations of the LLC. A Manager can be, but does not have to be, a Member.
A separate company from the Operating Company that manages the assets of the Operating Company in return for a management fee.
A Member of an LLC that also serves as a Manager of the daily operations.
An owner of an LLC; can be an individual or an entity.
Evidence of ownership or Membership Interest in an LLC provided to its Members.
Ownership in an LLC
The act of joining two seperate, existing companies into one, surviving company that will conduct business into the future. The non-surviving company disappears. An LLC may merge with another LLC or with a corporation.
A record of the actions taken during a meeting of its members, normally maintained in the Corporate Record Book.