# Managing Member

**IRI:** https://folio.openlegalstandard.org/RDrOf3SHxglDoN9i4Olpb49

## Labels

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RCmRk3EfXQDL2eFl0x659PQ

**Deprecated:** False