KRS 275.205: Allocation of profits and losses among members.

Profits and losses of a limited liability company shall be allocated among the members

and among classes of members in the manner provided in the operating agreement. If a

written operating agreement does not otherwise provide, profits and losses shall be

allocated on the basis of the agreed value, as stated in the records of the limited liability

company as required by KRS 275.185, of the contributions made by each member to the

extent they have been received by the limited liability company and have not b een

returned.