An interest owner may make contributions to the LLC in any form, including (i) money or other property, services rendered, or any other direct or indirect benefit to the LLC and (ii) promissory notes or other obligations to transfer money or other property, perform services, or provide any other direct or indirect benefits to the LLC.
N.C. Gen. Stat. § 57D-4-01
Form of contributions
Applied in 1 court decision — leading case 250 N.C. App. 19 - Chafin v. Chafin (2016)
Most recently applied in 250 N.C. App. 19 - Chafin v. Chafin (October 2016)
2013-157, s. 2.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.