Section 4A-601 - Admission of members(a) A person becomes a member of a limited liability company at: (1) The time the limited liability company is formed;(2) A later time specified in the operating agreement; or(3) The time specified in § 4A-902(b) of this title relating to continuation of the limited liability company after there are no remaining members.(b) After the formation of a limited liability company, a person may be admitted as a member: (1) In the case of a person acquiring a membership interest directly from the limited liability company, upon compliance with the operating agreement or, if the operating agreement does not so provide, upon the unanimous consent of the members;(2) In the case of an assignee of the economic interest of a member, only as provided in § 4A-604 of this subtitle; or(3) In the case of a successor to the last remaining member who is not an assignee of the last remaining member, as provided in § 4A-902(b) of this title.(c) Unless otherwise agreed, a person may be admitted as a member of a limited liability company and may be the sole member of a limited liability company without:(1) Making a capital contribution to the limited liability company;(2) Being obligated to make a capital contribution to the limited liability company; or(3) Acquiring an economic interest in the limited liability company.Amended by 2020 Md. Laws, Ch. 401,Sec. 1, eff. 10/1/2020.Amended by 2020 Md. Laws, Ch. 400,Sec. 1, eff. 10/1/2020.Amended by 2013 Md. Laws, Ch. 42,Sec. 1, eff. 4/9/2013.