State Codes and Statutes
Statutes > Georgia > Title-14 > Chapter-11 > Article-4 > 14-11-403O.C.G.A. 14-11-403 (2010)
14-11-403. Allocation of profits and losses
The profits and losses, and each item thereof, of a limited liability company shall be allocated among the members in the manner provided in the articles of organization or in a written operating agreement. If the articles of organization or a written operating agreement does not so provide, profits and losses, and each item thereof, shall be allocated equally among the members.
