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URL:http://alisondb.legislature.state.al.us/alison/CodeOfAlabama
/1975/10A-5-5.01.htm
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Modified:2014-05-29 10:10:46
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Title:10A-5-5.01
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Body:Section 10A-5-5.01

Contribution. REPEALED IN THE 2014 REGULAR SESSION BY ACT 2014-144 EFFECTIVE JANUARY 1, 2017.

The contributions of a member to the limited liability company may be in cash, property, services previously rendered, or a promissory note or other binding obligation to pay cash, convey property, or to render services.

(Acts 1993, No. 93-724, p. 1425, §26; §10-12-26; amended and renumbered by Act 2009-513, p. 967, §232.)