Washington Code 25.15.191 – Form of contribution
Current as of: 2023 | Check for updates
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The contribution of a member to a limited liability company may consist of tangible or intangible property or other benefits to the limited liability company, including money, services performed, promissory notes, other agreements to contribute cash or property, or contracts for services to be performed.
[ 2015 c 188 § 39.]
Terms Used In Washington Code 25.15.191
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.