There is a newer version of the New Hampshire Revised Statutes
2010 New Hampshire Statutes
TITLE XXVIII PARTNERSHIPS
CHAPTER 304-C LIMITED LIABILITY COMPANIES
Section 304-C:38 Allocation of Profits and Losses.
NH Rev Stat § 304-C:38 (1996 through Reg Sess) What's This?
304-C:38 Allocation of Profits and Losses. – The profits and losses of a limited liability company shall be allocated among the members, and among classes or groups of members, in the manner provided in a limited liability company agreement. If the limited liability company agreement does not so provide, profits and losses shall be allocated on the basis of the value, as of the date of contribution, of the contributions made by each member to the extent they have been received by the limited liability company and have not been returned.
Source. 1993, 313:1, eff. July 1, 1993.
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