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. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Sharing of Distributions
Tex. Business Organizations Code § 101.203, under Limited Liability Companies.
Tex. Business Organizations Code § 101.203