Tenn. Code Ann. § 48-220-101
Sharing of profits and losses
Year: 2026Length: 58 words
Unless otherwise provided in the articles or operating agreement, the profits and losses of an LLC must be allocated equally among the members. Acts 1994, ch. 868, § 1.
Unless otherwise provided in the articles or operating agreement, the profits and losses of an LLC must be allocated equally among the members.
Acts 1994, ch. 868, § 1.