New York § 5050 Company finance

New York Statutes

§ 5050 — Company finance

New York § 5050

Law BNKBanking

Title 5-ALimited Liability Investment Company or Limited Liability Trust Company Finance

Art. 15General Provisions Applicable to Banking Stock Corporations, Limited Liability Investment Companies, and Limited Liability Trust Companies

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Bluebook

N.Y. Banking § 5050 (2026).

Text

  § 5050. Company finance. Notwithstanding the provisions of title five\nof this article, the allocation of profits and losses, and the\ndistribution of cash or other assets of a limited liability investment\ncompany or limited liability trust company shall be in accordance with\narticle five of the limited liability company law.\n

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