Colorado § 7-80-503 Sharing of profits and losses

Colorado Statutes

§ 7-80-503 — Sharing of profits and losses

Colorado § 7-80-503

Title 07Corporations

Art.Limited Liability Companies

This text of Colorado § 7-80-503 (Sharing of profits and losses) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 7-80-503 (2026).

Text

The profits and losses of a limited
liability company shall be allocated among the members and among classes of
members on the basis of the value, as stated in the limited liability company records
required to be kept pursuant to section 7-80-408, of the contributions made by
each member.

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Legislative History

Source: L. 90: Entire article added, p. 431, � 1, effective April 18. L. 94: Entire section amended, p. 717, � 19, effective July 1. L. 2004: Entire section amended, p. 942, � 9, effective July 1.