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4-32-503. Sharing of profits.
Arkansas Code — all titles (historical 2020) · legal_authorities
4-32-503. Sharing of profits.
Unless otherwise provided in writing in an operating agreement, each member shall be repaid that member's contributions to capital and share equally in the profits and assets remaining after all liabilities, including those to members, are satisfied.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-32-503
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:4-32-503
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: eb561340b251301e4550999c9a33dc7ebcb0ee1971d20da79b6d92779ce1224a
Source location: content.xml paragraph 21098
Stored source content
4-32-503. Sharing of profits.
Unless otherwise provided in writing in an operating agreement, each member shall be repaid that member's contributions to capital and share equally in the profits and assets remaining after all liabilities, including those to members, are satisfied.
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