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of <h1>Partners in LLPs Can Contribute Assets, Cash, or Services; Must Record Value in Accounts by Law</h1> A partner's contribution to a limited liability partnership (LLP) can include tangible or intangible property, movable or immovable assets, money, promissory notes, agreements to contribute cash or property, and service contracts. The monetary value of each partner's contribution must be recorded and disclosed in the LLP's accounts as prescribed by law.
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