Maryland Corporations and Associations Section 4A-601

      (a)      A person becomes a member of a limited liability company:

            (1)      At the time the limited liability company is formed; or

            (2)      At any later time specified in the operating agreement.

      (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; or

            (2)      In the case of an assignee of an interest of a member who has the power as provided in § 4A-604 of this subtitle to grant the assignee the right to become a member, upon the exercise of that power and compliance with any conditions limiting the grant or exercise of that power.

      (c)      Unless otherwise provided in the articles of organization or the operating agreement of a limited liability company, 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 contribution to the limited liability company;

            (2)      Being obligated to make a contribution to the limited liability company; or

            (3)      Acquiring an interest in the limited liability company.