New Jersey Statutes 42:2C-32. Form of contribution
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Terms Used In New Jersey Statutes 42:2C-32
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
32. Form of Contribution. A contribution may consist of tangible or intangible property or other benefit to a limited liability company, including money, services performed, promissory notes, other agreements to contribute money or property, and contracts for services to be performed.
L.2012, c.50, s.32.