{"data":{"id":"us-ri/r.i.-gen.-laws-7-16-26","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 7-16-26","heading":"Sharing of profits and losses.","body":"Unless otherwise provided in the articles of organization or the operating agreement, the profits and losses of a limited liability company shall be allocated to each member on the basis of the member’s capital value.","path":["Title 7 Corporations, Associations, and Partnerships","Chapter 16 The Rhode Island Limited Liability Company Act"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE7/7-16/7-16-26.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:54:51Z","sha256":"a8688a583f70ded6ee8bf4fb68c06c261f7bf0648cbe27ff70400198a81a6d20","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-7-16-25","next":"us-ri/r.i.-gen.-laws-7-16-27"},"notice":"GroundRules: Original legal text. Not legal advice."}