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Louisiana Revised Statutes Tit. 47, § 209. Nonrecognition of gain or loss on contribution

Current as of January 01, 2023 | Updated by Findlaw Staff

No gain or loss shall be recognized to a partnership or to any of its partners in the case of a contribution of property to the partnership in exchange for an interest in the partnership.

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Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 47, § 209. Nonrecognition of gain or loss on contribution - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-47-sect-209/

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