There Is a Newer Version
of
the Connecticut General Statutes
2005 Connecticut Code - Sec. 34-151. Liability for contribution.
Sec. 34-151. Liability for contribution. (a) A promise by a member to contribute
to the limited liability company is not enforceable unless set out in a writing signed by
the member.
(c) If a member does not make the required contribution of property or services, the member is obligated, at the option of the limited liability company, to contribute cash equal to that portion of value of the stated contribution that has not been made.
(d) Unless otherwise provided in the operating agreement, the obligation of a member to make a contribution may be compromised only with the unanimous consent of the members.
(P.A. 93-267, S. 27.)
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