{
  "urn": "urn:us-la:rs:47:209",
  "title_number": "47",
  "section_number": "209",
  "citation": "R.S. 47:209",
  "heading": "Nonrecognition of gain or loss on contribution",
  "text": "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.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "47",
      "name": "REVENUE AND TAXATION"
    },
    {
      "level": "subtitle",
      "number": "II",
      "name": "PROVISIONS RELATING TO TAXES COLLECTED AND ADMINISTERED BY THE COLLECTOR OF REVENUE"
    },
    {
      "level": "chapter",
      "number": "1",
      "name": "INCOME TAX"
    },
    {
      "level": "part",
      "number": "II",
      "name": "SUPPLEMENTAL PROVISIONS"
    },
    {
      "level": "subpart",
      "number": "D",
      "name": "PARTNERSHIPS"
    }
  ],
  "breadcrumb": "Title 47 › Subtitle II › Chapter 1 › Part II › Subpart D",
  "acts_citations": [
    {
      "act_year": 1958,
      "act_number": 441,
      "section": 2,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Added by Acts 1958, No. 441, §2.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=101486",
  "website_law_id": 101486,
  "scrape_timestamp": "2026-05-22T23:36:34Z",
  "source_html_hash": "sha256:0b424723e2507877a0d1c7de47957b5e1426477680385f4783ad6d0a710f4fbb",
  "schema_version": "1.0.0"
}