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Formation Explained

LLC rules, unpacked for first-time owners.

  1. Start
  2. Glossary
  3. Member

Glossary term

A member: what it means

LLC owners are called members, whether there is one of them or many.
Formation Explained editorial team

Key facts

Also named
Owner of an LLC
Connected terms
Operating agreement, and also Organizer, and also EIN

What to take from it

Members may run the LLC themselves or hire managers to do it.

Related pages

It matters most in these explanations: Starting an LLC in each state, Agent requirements in each state, State-by-state foreign registration.