§3051. Form of contribution

Link to law: http://legislature.vermont.gov/statutes/section/11/021/03051
Published: 2015

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The Vermont Statutes Online



Title

11

:
Corporations, Partnerships and Associations






Chapter

021

:
LIMITED LIABILITY COMPANIES






Subchapter

004
:
RELATIONS OF MEMBERS TO EACH OTHER AND TO LIMITED LIABILITY COMPANY








[Section 3051 repealed effective July 1, 2016.]

[Section 3051 repealed effective July 1,

2016.]

§

3051. Form of contribution

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 obligations to contribute cash or

property or contracts for services to be performed. (Added 1995, No. 179 (Adj.

Sess.), § 4.)
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