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Export date: Thu Apr 25 4:16:26 2024 / +0000 GMT

What is an LLC "member"?


Being a member in an LLC 1 is similar to being a shareholder 2 in a corporation 3, or simply being an owner in a business. The members of an LLC are its owners, and typically if there's more than one, they will sign an Operating Agreement which is a contract governing their rights and duties with respect to each other and the LLC.
Excerpt: Being a member in an LLC is similar to being a shareholder in a corporation, or simply being an owner in a business. The members of an LLC are its owners, and typically if there's more than one, they will sign an Operating Agreement which is a contract governing their rights and duties with respect to each other and the LLC.
Links:
  1. https://www.readysetincorporate.com/faq-items/what -is-an-llc/
  2. https://www.readysetincorporate.com/faq-items/what -are-stockholders-and-shareholders/
  3. https://www.readysetincorporate.com/faq-items/what -is-a-corporation/
Post date: 2015-08-10 15:17:04
Post date GMT: 2015-08-10 22:17:04

Post modified date: 2015-08-10 15:17:04
Post modified date GMT: 2015-08-10 22:17:04

Export date: Thu Apr 25 4:16:26 2024 / +0000 GMT
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