A contribution of a member of a limited liability company may consist of tangible or intangible property or other benefit to the company, including money, promissory notes, services performed, or other agreements to contribute cash or property, or contracts for services to be performed.
S.C. Code Ann. § 33-44-401
Form of contribution
Known as the South Carolina Uniform Limited Liability Company Act
The act spans §§ 33–33 (94 sections).
1996 Act No. 343, SECTION 2.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.