Tex. Business Organizations Code § 101.203
This is the official text of Tex. Business Organizations Code § 101.203, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 101.203. SHARING OF DISTRIBUTIONS.
Official statutory text
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.
Status: in_force · Read it on the official government site
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