{"data":{"id":"us-ky/krs-362.457","jurisdiction":"us-ky","citation":"KRS 362.457","heading":"Sharing of profits and losses.","body":"The profits and losses of a limited partnership shall be allocated among the partners, and\namong classes of partners, in the manner provided in writing in the partnership\nagreement. If the partnership agreement does not so provide in writing, profits and l osses\nshall be allocated on the basis of the value, as stated in the partnership records required to\nbe kept pursuant to KRS 362.409, of the contributions made by each partner to the extent\nthey have been received by the partnership and have not been returned.","path":["KRS Chapter 362"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=34364","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:55Z","sha256":"f3bbf630e4f19eace9442e6effabce7dcc99e1c5e52b990fb072f150aad75abe","source_id":"us-ky","stale":false,"prev":"us-ky/krs-362.455","next":"us-ky/krs-362.459"},"notice":"GroundRules: Original legal text. Not legal advice."}