Sec. 5. "Contribution" means any cash, property, services rendered, or a promissory note or other binding obligation to contribute cash or property or to perform services that a person transfers to a limited liability company in the capacity as a member.
Ind. Code § 23-18-1-5
"Contribution"
Applied in 1 court decision — leading case Walro v. Lee Group Holding Co. (In re Lee) (2014)
Most recently applied in Walro v. Lee Group Holding Co. (In re Lee) (December 2014)
As added by P.L.8-1993, SEC.301.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.