North Dakota Code 10-32.1-28 – Form of contribution
Current as of: 2023 | Check for updates
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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.
Terms Used In North Dakota Code 10-32.1-28
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
- Property: includes property, real and personal. See North Dakota Code 1-01-49