Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business Organizations Code § 101.203: SHARING OF DISTRIBUTIONS.

Where this section sits in the code

BUSINESS ORGANIZATIONS CODE
TITLE 3. LIMITED LIABILITY COMPANIES
CHAPTER 101. LIMITED LIABILITY COMPANIES
SUBCHAPTER E. ALLOCATIONS AND DISTRIBUTIONS

Distributions of cash and other assets of a limited liability company shall be made to each member of the company according to the agreed value of the member's contribution to the company as stated in the company's records required under Sections 3.151 and 101.501.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Collected 2026-08-27T01:46:58Z. Source file · JSON

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