Colorado § 7-80-501 Form of contribution

Colorado Statutes

§ 7-80-501 — Form of contribution

Colorado § 7-80-501

Title 07Corporations

Art.Limited Liability Companies

This text of Colorado § 7-80-501 (Form of contribution) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 7-80-501 (2026).

Text

The contribution of a member may be in
cash, property, or services rendered or a promissory note or other obligation to
contribute cash or property or to perform services. A person may be admitted to a
limited liability company as a member of the limited liability company and may
receive a membership interest in the limited liability company without making a
contribution or being obligated to make a contribution to the limited liability
company. Unless otherwise provided in the operating agreement, a person may be
admitted to a limited liability company as a member of the limited liability company
without acquiring a membership interest in the limited liability company. Unless
otherwise provided in the operating agreement, a person may be admitted as the
sole member of a limited 

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The contribution of a member may be in
cash, property, or services rendered or a promissory note or other obligation to
contribute cash or property or to perform services. A person may be admitted to a
limited liability company as a member of the limited liability company and may
receive a membership interest in the limited liability company without making a
contribution or being obligated to make a contribution to the limited liability
company. Unless otherwise provided in the operating agreement, a person may be
admitted to a limited liability company as a member of the limited liability company
without acquiring a membership interest in the limited liability company. Unless
otherwise provided in the operating agreement, a person may be admitted as the
sole member of a limited liability company without making a contribution or being
obligated to make a contribution to the limited liability company or without
acquiring a membership interest in the limited liability company.

Legislative History

Source: L. 90: Entire article added, p. 431, � 1, effective April 18. L. 2004: Entire section amended, p. 942, � 7, effective July 1. L. 2005: Entire section amended, p. 1203, � 3, effective October 1.