State Codes and Statutes

Statutes > New-hampshire > TITLEXXVIII > CHAPTER304-C > 304-C-38

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 a limited liability company agreement. If the limited liability company agreement does not so provide, profits and losses shall be allocated on the basis of the value, as of the date of contribution, of the contributions made by each member to the extent they have been received by the limited liability company and have not been returned.

Source. 1993, 313:1, eff. July 1, 1993.

State Codes and Statutes

Statutes > New-hampshire > TITLEXXVIII > CHAPTER304-C > 304-C-38

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 a limited liability company agreement. If the limited liability company agreement does not so provide, profits and losses shall be allocated on the basis of the value, as of the date of contribution, of the contributions made by each member to the extent they have been received by the limited liability company and have not been returned.

Source. 1993, 313:1, eff. July 1, 1993.


State Codes and Statutes

State Codes and Statutes

Statutes > New-hampshire > TITLEXXVIII > CHAPTER304-C > 304-C-38

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 a limited liability company agreement. If the limited liability company agreement does not so provide, profits and losses shall be allocated on the basis of the value, as of the date of contribution, of the contributions made by each member to the extent they have been received by the limited liability company and have not been returned.

Source. 1993, 313:1, eff. July 1, 1993.