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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. http://readysetincorporate.com/faq-items/what-is-a n-llc/
  2. http://readysetincorporate.com/faq-items/what-are- stockholders-and-shareholders/
  3. http://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: Mon Dec 10 19:58:04 2018 / +0000 GMT
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