{"data":{"id":"us-tx/tex.-business-organizations-code-101.203","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 101.203","heading":"SHARING OF DISTRIBUTIONS.","body":"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.\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#101.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"614497c3d7a87a1ed483d8fef8a41474c1cd2bd0c954639d10e6ba2d5b013bf1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-101.202","next":"us-tx/tex.-business-organizations-code-101.204"},"notice":"GroundRules: Original legal text. Not legal advice."}