Maryland Statutes

§ 10-503

Maryland § 10-503
JurisdictionMaryland
Article gcaCorporations and Associations
Title10

This text of Maryland § 10-503 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Corporations and Associations § 10-503 (2026).

Text

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.

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Bluebook (online)
Maryland § 10-503, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/10-503.