Alaska Statutes 10.50.275 – Consideration for company interests
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 10.50.275
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- property: includes real and personal property. See Alaska Statutes 01.10.060
An interest in a limited liability company may be issued for property or services rendered. A member who has contributed property or services rendered may also contribute a promissory note or other obligation to contribute property or services.