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Maryland · Through 2026-01-01

Md. Code, Corporations and Associations § 4A–503

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Where this section sits in the code
  1. Article - Corporations and Associations

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.

Collected 2026-09-14T19:56:43Z. Source file · JSON

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