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

Md. Code, Corporations and Associations § 4A-503
in effect
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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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca&section=4A-503&enactments=falseFetched: 10/16/2026

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