Kansas Statutes
Article 76 - Limited Liability Companies
17-7699 Form of contribution.

17-7699. Form of contribution. The contribution of a member to a limited liability company may be in cash, property or services rendered, or a promissory note or other obligation to contribute cash or property or to perform services.
History: L. 1999, ch. 119, ยง 38; January 1, 2000.

Structure Kansas Statutes

Kansas Statutes

Chapter 17 - Corporations

Article 76 - Limited Liability Companies

17-7662 Citation of act.

17-7663 Definitions.

17-7667 Service of process or service of any notice or demand.

17-7668 Nature of business permitted; powers.

17-7669 Business transactions of member or manager with the limited liability company.

17-7670 Indemnification.

17-7671 Contested matters relating to manager; contested votes.

17-7672 Interpretation and enforcement of operating agreement.

17-7673 Articles of organization; procedure for amendment; professional limited liability company, certificate by licensing body.

17-7674 Same; amendments.

17-7675 Articles of organization; cancellation; certificates of cancellation and correction.

17-7676a Execution by agent; power of attorney or proxy.

17-7677 Execution by judicial order.

17-7679 Notice.

17-7680 Restated articles of organization; restated certificate of designation.

17-7681 Merger or consolidation.

17-7682 Contractual appraisal rights.

17-7685a Division of a limited liability company.

17-7686 Admission of members.

17-7687 Classes; voting; meetings of members; amendment of operating agreement.

17-7688 Liability to third parties.

17-7689 Events; ceasing membership of a limited liability company.

17-7690 Access to and confidentiality of information; records; action to enforce rights; restriction of rights.

17-7691 Remedies for breach of operating agreement by member.

17-7692 Admission of managers.

17-7693 Management of limited liability company.

17-7694 Contributions by a manager.

17-7695 Classes and voting; meetings of managers.

17-7696 Remedies for breach of operating agreement by manager.

17-7697 Reliance on reports and information by member, manager or liquidating trustee.

17-7698 Delegation of rights and powers to manage.

17-7699 Form of contribution.

17-76,100 Liability for contribution.

17-76,101 Allocation of profits and losses.

17-76,102 Allocation of distributions.

17-76,103 Defense of usury not available.

17-76,104 Interim distributions.

17-76,105 Resignation of manager.

17-76,106 Resignation of member.

17-76,107 Distribution upon resignation.

17-76,108 Distribution in kind.

17-76,109 Right to distribution.

17-76,110 Limitations on distribution.

17-76,111 Nature of limited liability company interest.

17-76,112 Assignment of limited liability company interest.

17-76,113 Rights of judgment creditor; charging orders.

17-76,114 Right of assignee to become member.

17-76,115 Powers of estate of deceased or incompetent member.

17-76,116 Dissolution.

17-76,117 Involuntary dissolution.

17-76,118 Winding up.

17-76,119 Distribution of assets.

17-76,126 Same; maintenance of action or suit by foreign limited liability company not registered; effect of failure to register.

17-76,128 Execution; liability.

17-76,129 Service of process; venue.

17-76,130 Right to bring action by a member or an assignee.

17-76,131 Proper plaintiff in a derivative action.

17-76,132 Petition.

17-76,133 Expenses.

17-76,134 Construction and application of act and operating agreement.

17-76,135 Cases not provided for in this act.

17-76,136 Fees for documents or services of secretary of state. [See Revisor's Note]

17-76,137 Reserved power of state to alter or repeal act.

17-76,138 Taxation of limited liability companies.

17-76,139 Limited liability company and series thereof; annual report; annual report fee; copies of applications of extension of time to file income tax returns with secretary of state, confidentiality. [See Revisor's Note]

17-76,140 Effective date.

17-76,141 Severability clause.

17-76,143 Series limited liability company.

17-76,143a Merger or consolidation of one or more series.

17-76,144 Certification of cancellation; court appointments; powers of trustees or receivers.

17-76,145 Procedure preventing dissolution or winding up; exception.

17-76,146 Reinstatement of canceled or forfeited articles of organization or authority to do business. [See Revisor's Note]

17-76,147 Reinstatement of a series. [See Revisor's Note]

17-76,148 Statutory public benefit limited liability companies; applicable law; how formed.

17-76,149 Same; definitions; contents of articles of organization and operating agreement.

17-76,150 Same; vote, consent or approval required for certain actions.

17-76,151 Same; duties of members or managers.

17-76,152 Same; periodic statements and third-party certification.

17-76,153 Same; derivative lawsuits.

17-76,154 No effect on other limited liability companies.

17-76,155 Accomplishment by other means.