KRS 275.275: Admission to membership in company.

(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 operatin g

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 th e records of the limited liability

company; or

(c) The time the member is admitted under KRS 275.285(4).

(3) Upon becoming a member in a limited liability company, the member is bound by

and a party to the operating agreement.