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New York · Through 2026-09-11

N.Y. Banking Law § 5050: Company finance

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Where this section sits in the code
  1. Banking Law
  2. Article 15. General Provisions Applicable to Banking Stock Corporations, Limited Liability Investment Companies, and Limited Liability Trust Companies
  3. Title 5-A. Limited Liability Investment Company or Limited Liability Trust Company Finance

§ 5050. Company finance. Notwithstanding the provisions of title five

of this article, the allocation of profits and losses, and the

distribution of cash or other assets of a limited liability investment

company or limited liability trust company shall be in accordance with

article five of the limited liability company law.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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