Texas Statutes
§ 101.201 — ALLOCATION OF PROFITS AND LOSSES.
Texas § 101.201
JurisdictionTexas
Code BOBusiness Organizations Code
This text of Texas § 101.201 (ALLOCATION OF PROFITS AND LOSSES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Business Organizations Code Code Ann. § 101.201 (2026).
Text
Sec. 101.201. ALLOCATION OF PROFITS AND LOSSES. The profits and losses of a limited liability company shall be allocated to each member of the company on the basis of the agreed value of the contributions made by each member, as stated in the company's records required under Section 101.501 .
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Legislative History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2005, 79th Leg., Ch. 64 (H.B. 1319 ), Sec. 73, eff. January 1, 2006.
Nearby Sections
15
§ 101.001
DEFINITIONS.§ 101.002
APPLICABILITY OF OTHER LAWS.§ 101.0515
EXECUTION OF FILINGS.§ 101.052
COMPANY AGREEMENT.§ 101.053
AMENDMENT OF COMPANY AGREEMENT.§ 101.055
IRREVOCABLE POWER OF ATTORNEY.§ 101.101
MEMBERS REQUIRED.§ 101.102
QUALIFICATION FOR MEMBERSHIP.§ 101.103
EFFECTIVE DATE OF MEMBERSHIP.§ 101.1055
SUBSCRIPTIONS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 101.201, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/101.201.