WVC 31 B- 4 - 402
§31B-4-402. Member's liability for contributions.
(a) A member's obligation to contribute money, property or
other benefit to, or to perform services for, a limited liability
company is not excused by the member's death, disability or other
inability to perform personally. If a member does not make the
required contribution of property or services, the member is
obligated at the option of the company to contribute money equal to
the value of that portion of the stated contribution which has not
(b) A creditor of a limited liability company who extends
credit or otherwise acts in reliance on an obligation described in
subsection (a) of this section, and without notice of any
compromise under section 4-404(c)(5), may enforce the original
Note: WV Code updated with legislation passed through the 2015 Regular Session
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