Managing member
An LLC member who also holds management authority; some states use management status and control to determine whether that owner is excluded from workers' compensation.
LLC workers' compensation rules can turn on who manages the company, not just who owns membership units. A managing member may be excluded, included, or eligible to elect coverage depending on the state's LLC model and workers' compensation statute.
Washington distinguishes member-managed and manager-managed LLC structures and applies limits based on whether a manager is also a member and exercises substantial control. Virginia separately defines certain LLC managers as executive officers for its rejection-of-coverage rules.
Where this definition comes from
Glossary entries are anchored to a state agency, statute, board, commission, or recognized workers' compensation authority rather than a generalized summary.
More terms
- Additional insured
- Agricultural/farm labor exclusion
- Assigned risk pool / residual market
- Casual employment
- CE-200 (New York)
- Certificate holder
- Certificate of election
- Certificate of insurance (COI)
- Civil penalty (uninsured employer)
- Class code
- Competitive state fund
- Construction vs non-construction classification