{"iri":"https://folio.openlegalstandard.org/RDrOf3SHxglDoN9i4Olpb49","label":"Managing Member","sub_class_of":["https://folio.openlegalstandard.org/RCmRk3EfXQDL2eFl0x659PQ"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"A managing member is an individual or entity responsible for the day-to-day operations and decision-making of an organization. This role includes overseeing business activities, making strategic decisions, and ensuring compliance with legal and regulatory requirements.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}