Statute · California Corporations Code

Cal. Corp. Code § 15905.01 — Contributions and Distributions

Cal. Corp. Code § 15905.01

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2007-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

A contribution of a partner may consist of tangible or intangible property or other benefit to the limited partnership, including money, services performed, promissory notes, other agreements to contribute cash or property, and contracts for services to be performed.

Citator

Cal. Corp. Code § 15905.01 — Contributions and Distributions is in force in the current edition of the Code, and nothing recorded condemns it.

A contribution of a partner may consist of tangible or intangible property or other benefit to the limited partnership, including money, services performed, promissory notes, other agreements to contribute cash or property, and contracts for services to be performed.