Does a limited liability company have to be run by its members?
One of the management capabilities of a limited liability company is that the members may choose to manage the company themselves or they may select managers to manage the company. Most states have a default rule that the members are the managers of the company. This is unlike corporations, in which the shareholders elect the directors, who in turn, select the officers of the corporation, who then manage the company. In limited liability companies, the members may either remain as the managers or they may select managers to run the company. If management is desired by managers, these managers may either be members of the limited liability company or they may be non-members.
