1. Partners in a Limited Liability Company may provide in-kind contributions in exchange for their stakes. 2. The in-kind contributions shall be valued at the expense of their contributors by one or more valuators; otherwise, the valuation shall be deemed null and void. 3. The Competent Authority may discuss and object to the valuation report and may appoint a substitute valuator, as required, at the expense of the contributor of the in-kind contribution. 4. Notwithstanding the provision of Clause (2) of this Article, the partners may agree on the value of the in-kind contributions. In this case, such valuation is conditional upon the approval of the Competent Authority, and its contributor shall be liable to third parties for the accuracy of its valuation in the MOA. If it is established that the in-kind contributions were valued above their actual worth, their contributor shall be required to pay the difference in cash to the Company.
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