§ 4A-503

Md. Code, Corporations and Associations § 4A-503, under Article — Corporations and Associations.

Md. Code, Corporations and Associations § 4A-503

Unless otherwise agreed:

(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

(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.