This is correct.
https://www.cisco.com/en/US/docs/ios-xml/ios/mp_ldp/configuration/15-2s/mp-ldp-overview.html
To initiate an LDP session between routers, the routers determine which router will take the active role and which router will take the passive role. The router that takes the active role establishes the LDP TCP connection session and initiates the negotiation of the LDP session parameters. To determine the roles, the two routers compare their transport addresses. The router with the higher IP address takes the active role and establishes the session.
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