Ark. Code Ann. § 4-32-503: Sharing of profits.
Where this section sits in the code
- Title 4 Business and Commercial Law
- Subtitle 3. Corporations and Associations
- Chapter 32 Small Business Entity Tax Pass Through Act
- Subchapter 5 — Finance
Unless otherwise provided in writing in an operating agreement, each member shall be repaid that member's contributions to capital and share equally in the profits and assets remaining after all liabilities, including those to members, are satisfied.
Collected 2026-09-17T21:07:03Z. Source file · JSON