N.Y. LLC Law § 501
This is the official text of N.Y. LLC Law § 501, part of New York’s LLC Law — part of the compiled statutory law of New York, published by the state as "LLC Law." Browse the sections below, each linked to its official government source.
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Form of capital contributions
Official statutory text
§ 501. Form of capital contributions. The contribution of a member to\nthe capital of a limited liability company may be in cash, property or\nservices rendered or a promissory note or other obligation to contribute\ncash or property or to render services, or any combination of the\nforegoing.\n
Status: in_force · Read it on the official government site
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