Section 304-C:36 Form of Contribution. - New Hampshire Statutes

   I. 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.
   II. At the time of admission of any member whose contribution is or will be in any form other than money, or who is admitted to membership without contribution, or when a present member makes an additional contribution in any form other than money, the persons having management of the limited liability company shall state in dollars a value for the contribution or that there was no contribution, and thereafter, in the absence of fraud, such determination is conclusive as to the value of the contribution or the fact that there was no contribution.

Source. 1993, 313:1, eff. July 1, 1993.