West Virginia Code § 47-9-29

Sharing of profits and losses
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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 in the partnership records required to be kept
by section five of this article, of the contributions made by each partner to tehe extent they
have been received by the partnership and have not been returned.

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