What individuals occupy a similar status or perform functions similar to a general partner, officer or director?
It may be necessary to pierce through several layers of the issuer’s structure to find the individual. Here are some examples: (1) An individual who is the managing member of a limited liability company issuer; (2) Where the general partner of a partnership issuer is a corporation, an officer or director of that corporation; (3) Where the general partner of a partnership issuer is a limited liability company, the individual who is the managing member of that limited liability company; (4) Where the managing member of an LLC issuer is itself an LLC, the individual who is the managing member of the issuer’s managing member.
