Contributions to capital
Known as the Limited Liability Company Law
The act spans §§ 12-1190 to 12-1370 (93 sections).
Acts 1992, No. 780, §2, eff
PART IV. FINANCE
§1321. Contributions to capital
The contribution of a member to a limited liability company may take the form of cash, property, services rendered, or a promissory note or other binding obligation to contribute cash or property or to perform services.
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.