Tex. Business Organizations Code § 153.201
This is the official text of Tex. Business Organizations Code § 153.201, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 153.201. FORM OF CONTRIBUTION.
Official statutory text
The contribution of a partner may consist of a tangible or intangible benefit to the limited partnership or other property of any kind or nature, including:
(1) cash;
(2) a promissory note;
(3) services performed;
(4) a contract for services to be performed; and
(5) another interest in or security of the limited partnership, another domestic or foreign limited partnership, or other entity.
(1) cash;
(2) a promissory note;
(3) services performed;
(4) a contract for services to be performed; and
(5) another interest in or security of the limited partnership, another domestic or foreign limited partnership, or other entity.
Status: in_force · Read it on the official government site
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