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2018 Louisiana Laws
Revised Statutes
TITLE 47 - Revenue and Taxation
RS 47:209 - Nonrecognition of gain or loss on contribution
Universal Citation: LA Rev Stat § 47:209 (2018)
§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.
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