---
urn: urn:us-la:rs:47:211
citation: "R.S. 47:211"
status: active
breadcrumb: "Title 47 › Subtitle II › Chapter 1 › Part II › Subpart D"
acts_citations:
  - { year: 1958, number: 441, section: 2, effective_date: null, role: enactment }
---

# Basis of property contributed to partnership

The basis of property contributed to a partnership by a partner shall be the adjusted basis of such property to the contributing partner at the time of the contribution.