Nevada Revised Statutes 86.321 – Contributions to capital: Form
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For purposes of this chapter, a contribution to capital of a member to a limited-liability company or series may consist of tangible or intangible property or any other benefit to the limited-liability company or series, including, without limitation, money, real or personal property, services performed, or a promissory note or other binding obligation to contribute cash or property or to perform services.
Terms Used In Nevada Revised Statutes 86.321
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
- 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.
- Personal property: All property that is not real property.