{"data":{"id":"us-nc/n.c.-gen.-stat.-57d-3-01","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 57D-3-01","heading":"Admission of members; economic interest owners.","body":"(a)\tA person becomes a member through the following:\n(1)\tIn the case of a person executing the articles of organization in the capacity of a member as provided in G.S. 57D-2-21(a)(2), or otherwise being named in the articles of organization as a member, at the time the articles of organization become effective under G.S. 55D-13.\n(2)\tIn the case of a person acquiring an ownership interest from the LLC, (i) upon being identified as a member by the organizers as provided in G.S. 57D-2-20(c) or (ii) upon the unanimous approval of the members as provided in G.S. 57D-3-03(2).\n(3)\tIn the case of an economic interest owner, in the manner provided in G.S. 57D-5-04(a) or G.S. 57D-6-01(3).\n(4)\tIn the case of an eligible entity converting or merging into the LLC, as provided in the plan of conversion or plan of merger upon such plan becoming effective as provided in G.S. 57D-9-23(a)(5) or G.S. 57D-9-43(a)(6).\n(b)\tA person becomes an economic interest owner through the following:\n(1)\tIn the case of a person acquiring an economic interest from the LLC, upon the unanimous approval of the members.\n(2)\tIn the case of a person acquiring an economic interest or portion thereof from an interest owner, as provided in G.S. 57D-5-02.\n(3)\tIn the case of an eligible entity converting or merging into the LLC, as provided in the plan of conversion or plan of merger upon such plan becoming effective as provided in G.S. 57D-9-23(a)(5) or G.S. 57D-9-43(a)(6).\n(c)\tTo be a member a person need not make or have the obligation to make any contributions to the LLC or share in any profits or losses of, or distributions from, the LLC or otherwise own an economic interest in the LLC. (2013-157, s. 2.)","path":["Chapter 57D. North Carolina Limited Liability Company Act.","Article 3. Membership and Management.","Part 1. Membership."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_57D/GS_57D-3-01.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:47Z","sha256":"4977d3a0edc7f7f353a66de389f188951e7ac9d73f9b7a4c5be8cb128bbc604b","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-57d-2-49","next":"us-nc/n.c.-gen.-stat.-57d-3-02"},"notice":"GroundRules: Original legal text. Not legal advice."}