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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 18, § 18-2025: Profits and losses – Distributions

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Where this section sits in the code
  1. OK Code
  2. Title 18

PROFITS AND LOSSES; DISTRIBUTIONS

Except as otherwise provided in the operating agreement:

1. The profits and losses of a limited liability company shall

be allocated among the members, and among classes or groups of

members, on the basis of the agreed value, as stated in the records

of the limited liability company, of the contributions made by each

member to the extent they have been received by the limited

liability company and have not been returned; and

2. Distributions of the limited liability company shall be made

to the members, and among classes or groups of members, in

proportion to their right to share in the profits and losses of the

limited liability company.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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