§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.
Nonrecognition of gain or loss on contribution
La. Rev. Stat. § 47:209, under Revenue and Taxation.
La. Rev. Stat. § 47:209