# Member

**IRI:** https://folio.openlegalstandard.org/RCmRk3EfXQDL2eFl0x659PQ

## Labels

**Alternative Labels:**

- Participant
- Stakeholder

## Definition

A Member is an individual or entity that holds an ownership or participatory interest in an organization or association. In business contexts, such as in a Limited Liability Company (LLC), members contribute capital or assets, and share in the management and profits according to organizational agreements.

## Sub Class Of

- https://folio.openlegalstandard.org/RCEDL3kMYgjFUEOhOyGp3IE

## Parent Class Of

- https://folio.openlegalstandard.org/RDrOf3SHxglDoN9i4Olpb49

## See Also

- https://folio.openlegalstandard.org/R98E2kVwPFwTnP6oxYUt9HR

**Deprecated:** False