8543 - Sharing of profits and losses.
§ 8543. Sharing of profits and losses. The profits and losses of a limited partnership shall be allocated among the partners, and among classes of partners, in the manner provided in writing in the partnership agreement. If the partnership agreement does not so provide in writing, profits and losses shall be allocated on the basis of the value (as stated or determined in the manner provided in the partnership agreement, if stated or provided for therein) of the contributions made by each partner to the extent they have been received by the partnership and have not been returned, and otherwise per capita.