Indiana Code 23-16-6-1. Form of contribution
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Sec. 1. The contribution of a partner may be:
(2) a promissory note or other obligation to contribute cash or property or to perform services.
(1) in cash, property, or services rendered; or
Terms Used In Indiana Code 23-16-6-1
- 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 personal and real property. See Indiana Code 1-1-4-5
As added by P.L.147-1988, SEC.1.