New Hampshire § 304-C:90 Formula for Allocations of Profits and Losses

New Hampshire Statutes

§ 304-C:90 — Formula for Allocations of Profits and Losses

New Hampshire § 304-C:90

Title XXVIIIPARTNERSHIPS

Ch. 304-CLIMITED LIABILITY COMPANIES

SubdivisionAllocations

This text of New Hampshire § 304-C:90 (Formula for Allocations of Profits and Losses) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 304-C:90 (2026).

Text

I.The profits and losses of a limited liability company shall be allocated among the members, and among classes or groups of members, in the manner provided in the operating agreement.

II.Unless the operating agreement provides otherwise, profits and losses shall be allocated on the basis of the agreed value, as of the date of contribution, of the contributions made by each member to the extent that the limited liability company has received these contributions and has not returned them in a return specifically identified in writing as a return of a capital contribution.

Free access — add to your briefcase to read the full text and ask questions with AI

I. The profits and losses of a limited liability company shall be allocated among the members, and among classes or groups of members, in the manner provided in the operating agreement.
II. Unless the operating agreement provides otherwise, profits and losses shall be allocated on the basis of the agreed value, as of the date of contribution, of the contributions made by each member to the extent that the limited liability company has received these contributions and has not returned them in a return specifically identified in writing as a return of a capital contribution.