Section 10.50.275. Consideration for company interests.

Latest version.

An interest in a limited liability company may be issued for property or services rendered. A member who has contributed property or services rendered may also contribute a promissory note or other obligation to contribute property or services.

Authorities

10.50.990

Notes

References

AS 10.50.990 Definitions.

History

(Sec. 1 ch 99 SLA 1994)

                    
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