Legislation
SECTION 501
Form of capital contributions
Limited Liability Company Law (LLC) CHAPTER 34, ARTICLE 5
§ 501. Form of capital contributions. The contribution of a member to
the capital of a limited liability company may be in cash, property or
services rendered or a promissory note or other obligation to contribute
cash or property or to render services, or any combination of the
foregoing.
the capital of a limited liability company may be in cash, property or
services rendered or a promissory note or other obligation to contribute
cash or property or to render services, or any combination of the
foregoing.