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Section 48-220-101 - Sharing of profits and losses — Tennessee Law | CourtGPT
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  7. Section 48-220-101 - Sharing of profits and losses
Tennessee Legal Code

Section 48-220-101 - Sharing of profits and losses

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Unless otherwise provided in the articles or operating agreement, the profits and losses of an LLC must be allocated equally among the members.Acts 1994, ch. 868, § 1.