Form of Contribution

4 CMC § 4851, under Relations of Members to Each Other and to Limited Liability Company.

4 CMC § 4851

Form of Contribution. A contribution of a member of a limited liability company may consist of tangible or intangible property or other benefit to the company, including money, promissory notes, services performed, or other agreements to contribute cash or property, or contracts for services to be performed. Source: PL 14-11, § 2 (401). Commission Comment: See the comment to 4 CMC § 4801 regarding PL 14-11.