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2006 Kentucky Revised Statutes - .195   Consideration for issuance of interest.

275.195 Consideration for issuance of interest. A limited liability company interest may be issued in exchange for consideration consisting of cash, property, services rendered, or a promissory note or other obligation to contribute cash or property or to perform services. Effective: July 15, 1994 History: Created 1994 Ky. Acts ch. 389, sec. 39, effective July 15, 1994. Page 1 of 1

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