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An LLC is manager-managed when it designates one or more managers to oversee the operational tasks while the members take a more passive role. This structure is often chosen for its efficiency, especially in larger LLCs, and allows for clearer distinctions in leadership. If your LLC is pursuing legal action, such as the Guam Resolution of Meeting of LLC Members to Pursue Lawsuit, having a manager-managed structure can streamline communication and decision-making during the process.
A resolution to appoint the manager of an LLC is a document that officially identifies who will manage the day-to-day operations of the company. This resolution details the appointed manager's authority and responsibilities, enabling efficient decision-making. In contexts such as the Guam Resolution of Meeting of LLC Members to Pursue Lawsuit, it is essential to have a designated manager to ensure effective governance and clear leadership during legal matters.