2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 89 - Limited Liability Companies
8932 - Distributions and allocation of profits and losses.

     § 8932.  Distributions and allocation of profits and losses.
        A limited liability company may from time to time make
     distributions and allocate the profits and losses of its
     business to the members of the company upon the basis stipulated
     in the operating agreement or, if not stipulated in the
     operating agreement, per capita. The allocation of losses
     pursuant to this section shall not affect the limitation on
     liability of members as provided in section 8922 (relating to
     liability of members).
     (June 22, 2001, P.L.418, No.34, eff. 60 days)

        Cross References.  Section 8932 is referred to in section
     8974 of this title.