MLchartDataset catalogue

Member

Term · Law · MLC-T-LAW-003213

An individual or entity formally recognized as belonging to a group, organization, or association. This status typically confers certain rights, privileges, and responsibilities as defined by the governing documents of the body. In a legal context, a member of a limited liability company (LLC) holds an ownership interest and participates in its management or profits.

Table 1. Record
IdentifierMLC-T-LAW-003213
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003213",
  "term": "Member",
  "field": "Law",
  "definition": "An individual or entity formally recognized as belonging to a group, organization, or association. This status typically confers certain rights, privileges, and responsibilities as defined by the governing documents of the body. In a legal context, a member of a limited liability company (LLC) holds an ownership interest and participates in its management or profits.",
  "url": "https://mlchart.com/terminology/law/member/"
}

Record 3,180 of 5,441 in Law terminology (MLC-0107). Request the full dataset.