{"data":{"id":"us-tx/tex.-business-organizations-code-101.202","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 101.202","heading":"DISTRIBUTION IN KIND.","body":"A member of a limited liability company is entitled to receive or demand a distribution from the company only in the form of cash, regardless of the form of the member's contribution to the company.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 3. LIMITED LIABILITY COMPANIES","CHAPTER 101. LIMITED LIABILITY COMPANIES","SUBCHAPTER E. ALLOCATIONS AND DISTRIBUTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.101.htm#101.202","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"7eedfc0ab141af1e237e8b2ecf10e49908014ee07f51ef6500299a617faa43d1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-101.201","next":"us-tx/tex.-business-organizations-code-101.203"},"notice":"GroundRules: Original legal text. Not legal advice."}