The effective date of the admission of a member to a limited liability company is the later of the date
(1) when the company is organized;
(2) established in an operating agreement of the company; or
(3) when the person's admission is reflected in the records of the company if an operating agreement of the company does not establish an effective date.
Section: Previous 10.50.155 10.50.160 10.50.165 10.50.170 10.50.180 10.50.185 10.50.190 10.50.195 10.50.205 10.50.210 10.50.215 10.50.220 10.50.225 10.50.240 NextLast modified: November 15, 2016