{"data":{"id":"us-dc/d.c.-code-29-804.03","jurisdiction":"us-dc","citation":"D.C. Code § 29-804.03","heading":"Liability for contributions.","body":"(a)\nA person’s obligation to make a contribution to a limited liability company shall not be excused by the person’s death, disability, or other inability to perform personally. If a person does not fulfill an obligation, other than a monetary obligation, the person is obligated to contribute money equal to the value of the part of the contribution which has not been made, at the option of the company.\n\n(b)\nThe obligation of a person to make a contribution may be compromised only by consent of all members. A creditor of a limited liability company which extends credit or otherwise acts in reliance on an obligation described in subsection (a) of this section without notice of a compromise under this subsection may enforce the obligation.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 8. Limited Liability Companies.","Subchapter IV. Relations of Members to Each Other and to Limited Liability Company."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-804.03","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"ab767c46f966a8ced4d7c1cde1bd14d0cac3d730bf23cf696ad8d9165996a0cb","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-804.02","next":"us-dc/d.c.-code-29-804.04"},"notice":"GroundRules: Original legal text. Not legal advice."}