{"data":{"id":"us-de/6-del.-c.-18-403","jurisdiction":"us-de","citation":"6 Del. C. § 18-403","heading":"Contributions by a manager.","body":"A manager of a limited liability company may make contributions to the limited liability company and share in the profits and losses of, and in distributions from, the limited liability company as a member. A person who is both a manager and a member has the rights and powers, and is subject to the restrictions and liabilities, of a manager and, except as provided in a limited liability company agreement, also has the rights and powers, and is subject to the restrictions and liabilities, of a member to the extent of the manager’s participation in the limited liability company as a member.","path":["Title 6. Commerce and Trade","SUBTITLE II","Other Laws Relating to Commerce and Trade","CHAPTER 18. Limited Liability Company Act","Subchapter IV. Managers"],"source_url":"https://delcode.delaware.gov/title6/c018/sc04/index.html#18-403","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:07Z","sha256":"5cf7d8c51d3f748159b6902da28585c0dfd029ca01cb081a75ae2682b9afd8e2","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-18-402","next":"us-de/6-del.-c.-18-404"},"notice":"GroundRules: Original legal text. Not legal advice."}