{"data":{"id":"us-la/rs-47-214","jurisdiction":"us-la","citation":"RS 47:214","heading":"Basis of distributee partner's interest","body":"In the case of a distribution by a partnership to a partner other than in liquidation of a partner's interest, the adjusted basis to such partner of his interest in the partnership shall be reduced (but not below zero) by:\n(1) the amount of any money distributed to such partner, and\n(2) the amount of the basis to such partner of distributed property other than money, as determined under R.S. 47:213.","path":["TITLE 47. REVENUE AND TAXATION"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=101508","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T05:02:19Z","sha256":"78e4ec17643e65747fe55c03b01ae49eb534f6077203d54bb5118c2321e4546f","source_id":"us-la","stale":false,"prev":"us-la/rs-47-213","next":"us-la/rs-47-215"},"notice":"GroundRules: Original legal text. Not legal advice."}