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Form a Business

Contribution. Repealed in the 2014 Regular Session by Act 2014-144 Effective January 1, 2017.

Ala. Code § 10A-5-5.01
in effect
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10A-5-5.01. Contribution. Repealed in the 2014 Regular Session by Act 2014-144 Effective January 1, 2017. The contributions of a member to the limited liability company may be in cash, property, services previously rendered, or a promissory note or other binding obligation to pay cash, convey property, or to render services. (Acts 1993, No. 93-724, p. 1425, §26; §10-12-26; amended and renumbered by Act 2009-513, p. 967, §232.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#10A-5-5.01Fetched: 10/20/2026

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