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2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 10-503 - Sharing of profits and losses
MD Corp & Assn Code § 10-503 (2013) What's This?
§10-503.
The profits and losses of a limited partnership shall be allocated among the partners, and among classes of partners, in the manner provided in the partnership agreement. If the partnership agreement does not so provide, profits and losses shall be allocated on the basis of the value of the contributions of each partner.
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