Definitions

For the purposes of950 CMR 112.00, the following words and abbreviations shall, unless the context otherwise indicates, have the following meanings: 950 CMR – 387 Authorized Person means a manager or any person designated in the certificate of organization, any amendments thereto, or the most recent annual report as authorized to execute documents to be filed with the Division. If the LLC has not been formed, authorized person means the person forming the LLC, or, if the LLC is in the hands of a receiver, trustee or other court-appointed fiduciary, such receiver, trustee or fiduciary. Foreign Entity means an entity formed under a law other than the laws of the Commonwealth, including without limitation, any state, country or jurisdiction. For purposes of 950 CMR 112.00, the term foreign entity includes limited partnerships, limited liability companies, business trusts and corporations, including business, professional and non- profit corporations. Foreign Limited Liability Company means a limited liability company formed under a law other than that of the Commonwealth, including without limitation, any state, country or jurisdiction, and denominated as such under the laws of such state, foreign country or other foreign jurisdiction. Limited Liability Company and Domestic Limited Liability Company means an unincorporated organization having one more members and formed pursuant to M.G.L. c. 156C. Manager means a person designated in the operating agreement or otherwise of a manager-managed limited liability company that is responsible alone or in concert with other managers for the management and conduct of the activities of the company. Other Business Entity means a corporation to which M.G.L. c. 156D, Part 17, § 17.01 applies, a professional corporation and a foreign professional corporation each as defined in M.G.L. c. 156A, § 2, a foreign corporation as defined in M.G.L. c. 156B, § 1.40, an association or a trust as defined in M.G.L. c. 182, § 1 that has filed a copy of its declaration of trust with the Division, a partnership whether general or limited and whether domestic or foreign, as defined respectively in M.G.L. c.108A, § 6 and MG.L. c. 109, § 1 and a foreign limited liability company as defined in 950 CMR 112.02. Person means a natural person, partnership, whether general or limited and whether domestic or foreign, limited liability company, foreign limited liability company, trust, estate, association, corporation, custodian, nominee or any other individual or entity in its own or any representative capacity. Personal Information means any information concerning an individual not required by law or regulation to be included in a document. Examples of such information include social security number, driver's license number and date of birth. It may include residential address if such is not required by law. Professional Service means the service performed by registered physicians and surgeons, chiropractors, podiatrists, engineers, electrologists, physical therapists, psychologists, certified public accountants, dentists, veterinarians, optometrists, acupuncturists and registered nurses, so long as the foregoing are licensed under the provisions of M.G.L. c. 112; and by attorneys at law admitted to practice in the courts of the commonwealth under M.G .L. c. 111; and any other type of service which may be rendered only pursuant to a license under the laws of the commonwealth. Records means the records required to be maintained by a limited liability company pursuant to M.G.L. c. 156C, § 9. Singular and Plural Forms -singular nouns shall include plural nouns and plural nouns shall include the singular unless the context otherwise requires. 950 CMR – 388