ALLOCATION OF PROFITS AND LOSSES.

Tex. BUS. ORGS Code § 101.201.
in effect
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The profits and losses of a limited liability company shall be allocated to each member of the company on the basis of the agreed value of the contributions made by each member, as stated in the company's records required under Section 101.501 .
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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