There is a newer version of the Wisconsin Statutes & Annotations
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2011 Wisconsin Code
Chapter 183. Limited liability companies.
183.0503 Allocation of profits and losses.

183.0503

183.0503 Allocation of profits and losses. The profits and losses of a limited liability company shall be allocated among the members in the manner provided in an operating agreement. If the members do not enter into an operating agreement or the operating agreement does not so provide, profits and losses shall be allocated on the basis of value, as stated in the records required to be kept under s. 183.0405 (1), of the contributions made by each member.

183.0503 - ANNOT.

History: 1993 a. 112.

Disclaimer: These codes may not be the most recent version. Wisconsin may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.