multimember
adjective
mul·ti·mem·ber
ˌməl-tē-ˈmem-bər
-ˌtī-
: consisting of or having more than one member
In the past, these often arcane rules generally didn't need to be learned in much detail, because they governed only partnerships, which usually have very simple arrangements, lawyers say. Now they also govern all multimember LLCs that don't elect to be taxed as a corporation.—James L. Dam
see also multimember district
Cite this Entry
“Multimember.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/multimember. Accessed 9 Jul. 2026.
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