Most limited liability company (LLC) statutes provide that unless the members agree otherwise, all profits of the LLC will be divided equally.

Name: Most limited liability company (LLC) statutes provide that unless the members agree otherwise, all profits of the LLC will be divided equally.
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Quizplus · Accepted Answer

This is generally true, but it may vary from state to state. Some states allow LLC members to agree on a different method of dividing profits in their operating agreement.

Most Limited Liability Company (LLC) Statutes Provide That Unless the Members