North Dakota Code 45-10.2-46 – (501) Form of contribution
Current as of: 2023 | Check for updates
|
Other versions
A contribution of a partner may consist of tangible or intangible property or other benefit to the limited partnership, including money, services performed, promissory notes, other agreements to contribute cash or property, and contracts for services to be performed.
Terms Used In North Dakota Code 45-10.2-46
- 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