Georgia Statutes
§ 14-11-403 — Allocation of profits and losses
Georgia § 14-11-403
JurisdictionGeorgia
Title14
This text of Georgia § 14-11-403 (Allocation of profits and losses) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
O.C.G.A. § 14-11-403 (2026).
Text
The profits and losses, and each item thereof, of a limited liability company shall be allocated among the members in the manner provided in the articles of organization or in a written operating agreement. If the articles of organization or a written operating agreement does not so provide, profits and losses, and each item thereof, shall be allocated equally among the members.
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Related
Gordon, Chapter 7 Trustee for the Estate of John B v. Webster
(N.D. Georgia, 2021)
Nearby Sections
15
§ 14-10-1
Short title§ 14-10-10
Ownership§ 14-10-17
Actions by or against associations§ 14-10-2
Definitions§ 14-10-3
Persons entitled to form association; purpose; limitation to one type of professional service§ 14-10-4
FormationCite This Page — Counsel Stack
Bluebook (online)
Georgia § 14-11-403, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/14-11-403.