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2019 Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 5 - Limited Liability Companies.
Article 5 - Contributions and Distributions.
Section 10A-5-5.01 - Contribution. REPEALED IN THE 2014 REGULAR SESSION BY ACT 2014-144 EFFECTIVE JANUARY 1, 2017.
Universal Citation:
AL Code § 10A-5-5.01 (2019)
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Section 10A-5-5.01Contribution. REPEALED IN THE 2014 REGULAR SESSION BY ACT 2014-144 EFFECTIVE JANUARY 1, 2017.
The contributions of a member to the limited liability company may be in cash, property, services previously rendered, or a promissory note or other binding obligation to pay cash, convey property, or to render services.
(Acts 1993, No. 93-724, p. 1425, §26; §10-12-26; amended and renumbered by Act 2009-513, p. 967, §232.)
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