{"data":{"id":"us-md/md.-code-corporations-and-associations-4a-503","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 4A–503","heading":"","body":"Unless otherwise agreed:\n(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\n(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.","path":["Article - Corporations and Associations"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca\u0026section=4A-503","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"eb8e80202816910a49add51f408da63cd6e68cb8e68702ef3e6fa61ed97404f1","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-4a-502","next":"us-md/md.-code-corporations-and-associations-4a-504"},"notice":"GroundRules: Original legal text. Not legal advice."}
