A contribution of a member of a limited liability company may consist of tangible or intangible property or other benefit to a limited liability company, including money, promissory notes, services performed, other agreements to contribute money or property, or contracts for services to be performed.
S.D. Codified Laws § 47-34A-401.1
Form of contribution
Known as the South Dakota Limited Liability Company Act
The act spans §§ 47-34A-1001 to 47-34A-915 (113 sections).
Source: SL 2013, ch 233, § 7.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.