§ 8842 — Form of contribution

Pennsylvania § 8842

• Jurisdiction: Pennsylvania
• Title 15: CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
• Part: PART III
• Ch. 88: LIMITED LIABILITY COMPANIES
• Subch.: RELATIONS OF MEMBERS TO EACH OTHER

Text

A contribution may consist of:

(1) property transferred to, services performed for or another benefit provided to the limited liability company;

(2) an agreement to transfer property to, perform services for or provide another benefit to the company; or

(3) any combination of items listed in paragraphs (1) and (2).

Legislative History

Cross References.Section 8842 is referred to in section 8812 of this title.