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NOTE: This section was repealed by L.2012, c. 50, effective 2014-03-01.

New Jersey Statutes, Title: 42, PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS

    Chapter 2b:

      Section: 42:2b-32: Member contributions

           32. 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.

L.1993,c.210,s.32.



This section added to the Rutgers Database: 2012-09-26 13:37:53.






Older versions of 42:2b-32 (if available):



Court decisions that cite this statute: CLICK HERE.