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Nonrecognition of gain or loss on contribution

La. R.S. 47:209
in effect
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47:209. Nonrecognition of gain or loss on contribution 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. Added by Acts 1958, No. 441, §2.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=101486Fetched: 10/20/2026

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La. R.S. 47:209 — Nonrecognition of gain or loss on contribution | Louisiana Revised Statutes, Codes and Constitution (through the 2025 First Extraordinary Session) | Corpus