Conn. Gen. Stat. § 34-20a
Sharing of profits and losses by partners
Connecticut · General Statutes of Connecticut Chapter 610 — Uniform Limited Partnership Act · Status: effective
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- Conn. Gen. Stat. § 34-20a, Sharing of profits and losses by partners, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2199799
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Full text
The profits and losses of a limited partnership shall be allocated among the partners, and among classes of partners, in the manner provided in the partnership agreement. If the partnership agreement does not so provide, profits and losses shall be allocated on the basis of the value, as stated in the partnership agreement, of the contributions made by each partner to the extent they have been received by the partnership and have not been returned.