(1) Subject to subsection (2) of this section, a person may become a member in a
limited liability company:
(a) In the case of the person acquiring a limited liability company interest directly
from a limited liability company, upon compliance with an operating agreement or,
if an operating agreement does not so provide in writing, upon the written consent
of all members; and
(b) In the case of an assignee of the limited liability company interest, as provided
in KRS 275.255 and 275.265.
(2) The effective time of admission of a member to a limited liability company shall
be the later of:
(a) The date the limited liability company is formed;
(b) The time provided in the operating agreement or, if no time is provided, when
the person's admission is reflected in the records of the limited liability company;
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