West Virginia Code 31B-4-401 – Form of contribution
Current as of: 2023 | Check for updates
|
Other versions
A contribution of a member of a limited liability company may consist of tangible or intangible property or other benefit to the company, including money, promissory notes, services performed or other agreements to contribute cash or property, or contracts for services to be performed.
Terms Used In West Virginia Code 31B-4-401
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.