Who has the authority to manage day-to-day operations in an LLC in Georgia?

Study for the Georgia Bar Exam. Prepare with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

In Georgia, the authority to manage the day-to-day operations of a Limited Liability Company (LLC) typically rests with the managing members or designated managers. This structure is established in the LLC's operating agreement, which outlines how the business will be run, who makes decisions, and the extent of authorities granted to the members or managers.

Managing members are those who actively participate in the management and operations of the LLC, while designated managers are individuals appointed specifically to handle management tasks. This flexibility allows LLCs to choose their management framework based on their business needs, which can lead to more effective operational oversight.

Other options do not align with the management structure of LLCs. Shareholders pertain more to corporations, and independent contractors perform specific tasks but do not hold managerial authority. State-appointed managers are not typically involved unless under specific circumstances, such as a legal intervention, which is not the standard management practice for LLCs. Therefore, the framework governing LLCs in Georgia clearly establishes that the day-to-day operations are managed by either the members or appointed managers.

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