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.
R.I. Gen. Laws § 7-16-26., under Chapter 7-16 The Rhode Island Limited Liability Company Act.
R.I. Gen. Laws § 7-16-26.
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.