§428-402  Member's liability forcontributions.  (a)  A member's obligation to contribute money, property,or other benefit to, or to perform services for, a limited liability company isnot excused by the member's death, disability, or other inability to performpersonally.  If a member does not make the required contribution of property orservices, the member or the member's executor, as the case may be, is obligatedat the option of the company to contribute money equal to that portion of thevalue of the stated contribution which has not been made.

(b)  A creditor of a limited liability companywho extends credit or otherwise acts in reliance on an obligation described insubsection (a), and without notice of any compromise under section428-404(c)(5), may enforce the original obligation. [L 1996, c 92, pt of §1; amL 2001, c 129, §93]