Maryland Statutes
§ 10-503
The profits and losses of a limited partnership shall be allocated among the partners, and among classes of partners, in the manner provided in the partnership agreement. If the partnership agreement does not so provide, profits and losses shall be allocated on the basis of the value of the contributions of each partner.
Free access — add to your briefcase to read the full text and ask questions with AI
Maryland § 10-503 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.