Manager | Practical Law

Manager | Practical Law

Manager

Manager

Practical Law Glossary Item 1-382-3607 (Approx. 2 pages)

Glossary

Manager

In the context of a limited liability company (LLC), a manager is responsible for running the day-to-day affairs of the LLC. Managers have similar functions as directors and officers of a corporation. A manager's specific duties are often laid out in the LLC agreement. A manager may, but is not required to be, a member of the LLC.