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The capital contribution of a member to a limited liability company may be in cash, property, services rendered, or a promissory note or other binding obligation to contribute cash or property or to perform services.
Structure Maryland Statutes
Maryland Statutes
Corporations and Associations
Title 4A - Limited Liability Company Act
Subtitle 5 - Finance
Section 4A-501 - Capital Contributions
Section 4A-502 - Liability for Capital Contribution
Section 4A-503 - Sharing of Profits and Losses; Distributions
Section 4A-504 - Distribution in Kind
Section 4A-505 - Status of Creditor