29-329. Sharing of profits and losses
The profits and losses of a limited partnership shall be allocated among the
partners, and among classes of partners, in the manner provided in writing in the
partnership agreement. If the partnership agreement does not so provide in writing,
profits and losses shall be allocated on the basis of the value as stated in the
partnership records required to be kept pursuant to section 29-305 of the contributions
made by each partner to the extent they have been received by the partnership and have
not been returned.
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