Legislation
SECTION 5050
Company finance
Banking (BNK) CHAPTER 2, ARTICLE 15, TITLE 5-A
§ 5050. Company finance. Notwithstanding the provisions of title five
of this article, the allocation of profits and losses, and the
distribution of cash or other assets of a limited liability investment
company or limited liability trust company shall be in accordance with
article five of the limited liability company law.
of this article, the allocation of profits and losses, and the
distribution of cash or other assets of a limited liability investment
company or limited liability trust company shall be in accordance with
article five of the limited liability company law.