Tex. Bus. Org. Code § 101.203
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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.
Tex. Bus. Org. Code § 101.203