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.
Mass. Gen. Laws ch. 156C, § 27
Contributions of members
Known as the Massachusetts Limited Liability Company Act
The act spans §§ 156C-1 to 156C-9 (73 sections).
Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.