K.S.A. § 17-7699

Form of contribution

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17-7699. Form of contribution. The contribution of a member to a limited liability company may be in cash, property or services rendered, or a promissory note or other obligation to contribute cash or property or to perform services.

History: L. 1999, ch. 119, § 38; January 1, 2000.

Notes of Decisions

Cited in 3 cases (1 in the last 5 years), 2011–2022 · leading case: CANYON CREEK DEVELOPMENT, LLC v. Fox

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CANYON CREEK DEVELOPMENT, LLC v. Fox (2011) kanctapp · cites it 2× “17-7663(c) and K.S.A. 17-7699. K.S.A. 17-7663(c) defines a contribution to include “cash, property, services rendered or a promissory note or other obligation to contribute cash or property or to perform services,” and K.”

Rainbow Communications, LLC v. Landover Wireless Corp. (2019) ksd · cites it 2× “; K.S.A. § 17-7699. 32 K.S.A. § 1776, 100(a); see Canyon Creek Dev.”

Leggett v. Hontz (2022) kanctapp “See K.S.A. 17-7699 (contribution may be made in cash, property, services rendered, or by promissory note).”

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