{"data":{"id":"us-ny/n.y.-limited-liability-company-law-501","jurisdiction":"us-ny","citation":"N.Y. Limited Liability Company Law § 501","heading":"Form of capital contributions","body":"§ 501. Form of capital contributions. The contribution of a member to\nthe capital of a limited liability company may be in cash, property or\nservices rendered or a promissory note or other obligation to contribute\ncash or property or to render services, or any combination of the\nforegoing.","path":["Limited Liability Company Law","Article 5. Contributions and Distributions"],"source_url":"https://legislation.nysenate.gov/api/3/laws/LLC/501","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"ce2e8d2514e6e2456d9ea43fb0fff46c2d0bc18b0f64b5beb5df171d79a698dd","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-limited-liability-company-law-420","next":"us-ny/n.y.-limited-liability-company-law-502"},"notice":"GroundRules: Original legal text. Not legal advice."}