LLCs – Member-Managed vs Manager-Managed

When it comes to Limited Liability Corporations (LLCs) it is critical to register how the LLC will be managed – either by its members or a manager.  This arrangement is important to declare to your state’s Secretary of State, and it’s important to you to know who is responsible legally for the running of your company.

In this episode, I’ll cover: 

  • Who counts a Member of an LLC
  • What relationship a Manager has toward Members of an LLC
  • The importance of creating an LLC as soon as possible when creating a business 

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Transcript

Disclaimer: 

The Legalpreneur Podcast is advertising/marketing material. It is not legal advice. Please consult with your attorney on these topics. Copyright Andrea Sager Law 2022

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