State Codes and Statutes

Statutes > Rhode-island > Title-7 > Chapter-7-16 > 7-16-26

SECTION 7-16-26

   § 7-16-26  Sharing of profits and losses.– Unless otherwise provided in the articles of organization or the operatingagreement, the profits and losses of a limited liability company shall beallocated to each member on the basis of the member's capital value.

State Codes and Statutes

Statutes > Rhode-island > Title-7 > Chapter-7-16 > 7-16-26

SECTION 7-16-26

   § 7-16-26  Sharing of profits and losses.– Unless otherwise provided in the articles of organization or the operatingagreement, the profits and losses of a limited liability company shall beallocated to each member on the basis of the member's capital value.


State Codes and Statutes

State Codes and Statutes

Statutes > Rhode-island > Title-7 > Chapter-7-16 > 7-16-26

SECTION 7-16-26

   § 7-16-26  Sharing of profits and losses.– Unless otherwise provided in the articles of organization or the operatingagreement, the profits and losses of a limited liability company shall beallocated to each member on the basis of the member's capital value.