C.R.S. § 7-80-503: Sharing of profits and losses.
Where this section sits in the code
- Title 7 - CORPORATIONS AND ASSOCIATIONS
- Article 80 - Limited Liability Companies
- Part 5 - FINANCE
The profits and losses of a limited liability company shall be allocated among the members and among classes of members on the basis of the value, as stated in the limited liability company records required to be kept pursuant to section 7-80-408, of the contributions made by each member.
Collected 2026-09-14T18:37:45Z. Source file · JSON