Texas Statutes
§ 101.203 — SHARING OF DISTRIBUTIONS.
Texas § 101.203
JurisdictionTexas
Code BOBusiness Organizations Code
This text of Texas § 101.203 (SHARING OF DISTRIBUTIONS.) 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. § 101.203 (2026).
Text
Sec. 101.203. SHARING OF DISTRIBUTIONS. 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 .
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Legislative History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 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 § 101.203, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/101.203.