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§ 4a-503 — Maryland Law | CourtGPT
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  2. Laws/
  3. Maryland/
  4. Corporations and Associations/
  5. Title 4a - Limited Liability Company Act/
  6. Subtitle 5 - Finance/
  7. § 4a-503
Maryland Legal Code

§ 4a-503

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Unless otherwise agreed: (1) The profits and losses of a limited liability company shall be allocated among the members in proportion to their respective capital contribution values; and (2) Distributions by the limited liability company shall be made to the members in proportion to their right to share in the profits of the limited liability company.