There is a newer version of the New Hampshire Revised Statutes
2010 New Hampshire Statutes
TITLE XXVIII PARTNERSHIPS
CHAPTER 304-C LIMITED LIABILITY COMPANIES
Section 304-C:36 Form of Contribution.
NH Rev Stat § 304-C:36 (1996 through Reg Sess) What's This?
304-C:36 Form of Contribution. –
I. The contribution of a member to a limited liability company may be in cash, property or services rendered, or a promissory note or other obligation to contribute cash or property or to perform services.
II. At the time of admission of any member whose contribution is or will be in any form other than money, or who is admitted to membership without contribution, or when a present member makes an additional contribution in any form other than money, the persons having management of the limited liability company shall state in dollars a value for the contribution or that there was no contribution, and thereafter, in the absence of fraud, such determination is conclusive as to the value of the contribution or the fact that there was no contribution.
Source. 1993, 313:1, eff. July 1, 1993.
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