KRS 362.457: Sharing of profits and losses.

The profits and losses of a limited partnership shall be allocated among the partners, and

among classes of partners, in the manner provided in writing in the partnership

agreement. If the partnership agreement does not so provide in writing, profits and l osses

shall be allocated on the basis of the value, as stated in the partnership records required to

be kept pursuant to KRS 362.409, of the contributions made by each partner to the extent

they have been received by the partnership and have not been returned.