Form of contribution governs permitted contribution types and requires accounting and disclosure in a limited liability partnership A partner's form of contribution to a limited liability partnership may include tangible movable or immovable property, intangible property, money, ... Summary
Form of contribution governs permitted contribution types and requires accounting and disclosure in a limited liability partnership
A partner's form of contribution to a limited liability partnership may include tangible movable or immovable property, intangible property, money, promissory notes, agreements to contribute cash or property, and contracts for services; the monetary value of each partner's contribution must be accounted for and disclosed in the partnership's accounts in the manner that may be prescribed.
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