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Statutes > New York Laws > BNK - Banking > Article 15 - General Provisions Applicable to Banking Stock Corporations, Limited Liability Investment Companies, and Limited Liability Trust Companies > Title 5-A - (5050) Limited Liability Investment Company or Limited Liability Trust Company Finance > 5050 - Company finance.

STATE STATUTES & CODES

NEW YORK STATUTES AND CODES

5050 - Company finance.

§ 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.

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