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Capital Accounts Profit and Loss Allocation

Description: Sample clauses from LLC or partnership operating agreement regarding profit and loss allocation with regard to members' capital accounts.
Form Type: Contract Clauses
Practice Area: Real Estate, Tax

Date: Feb 2013
PLI Item #: 52176
Keywords: tax; operating agreement; LLC; limited liability company; general partnership; limited partnership; tax allocation; profit; loss; gain; disposition; capital accounts
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