Louisiana Statutes
§ 47:217 — Recognition and character of gain or loss on sale or exchange
Louisiana § 47:217
JurisdictionLouisiana
Title 47Revenue and Taxation
This text of Louisiana § 47:217 (Recognition and character of gain or loss on sale or exchange) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 47:217 (2026).
Text
In the case of a sale or exchange of an interest in a partnership, gain or loss shall be recognized to the transferor partner. Such gain or loss shall be considered as gain or loss from the sale or exchange of a capital asset.
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Legislative History
Added by Acts 1958, No. 441, §2.
Nearby Sections
15
§ 47:2
General definitions§ 47:202
Income of partner§ 47:203
Partnership computations§ 47:204
Partner's distributive share§ 47:2051
§ 47:2051§ 47:2052
Oath and execution of bond§ 47:2053
Failure to give bond§ 47:2054
Actions on bond§ 47:2055
Cancelation of bondCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 47:217, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/47%3A217.