Maryland Statutes
§ 4A-503
Maryland § 4A-503
This text of Maryland § 4A-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 § 4A-503 (2026).
Text
Unless otherwise agreed:
(1)The profits and losses of a limited liability company shall be allocated among the members in proportion to their respective capital contribution values; and
(2)Distributions by the limited liability company shall be made to the members in proportion to their right to share in the profits of the limited liability company.
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Bluebook (online)
Maryland § 4A-503, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/4A-503.