§ 4A-503. Sharing of profits and losses; distributions

MD Corp & Assn Code § 4A-503 (2019) (N/A)
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Unless otherwise agreed:

(1)    The profits and losses of a limited liability company shall be allocated among the members in proportion to their respective capital contribution values; and

(2)    Distributions by the limited liability company shall be made to the members in proportion to their right to share in the profits of the limited liability company.