{"data":{"id":"us-dc/d.c.-code-29-1013.05","jurisdiction":"us-dc","citation":"D.C. Code § 29-1013.05","heading":"Proceeds and expenses.","body":"(a)\nExcept as otherwise provided in subsection (b) of this section:\n(1)\nAny proceeds or other benefits of a derivative action to enforce a right of a limited cooperative association, whether by judgment, compromise, or settlement, belong to the association and not to the plaintiff; and\n(2)\nIf the plaintiff in the derivative action receives any proceeds, the plaintiff shall immediately remit them to the association.\n\n(b)\nIf a derivative action to enforce a right of a limited cooperative association is successful in whole or in part, the Superior Court may award the plaintiff reasonable expenses, including reasonable attorneys’ fees and costs, from the recovery of the association.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 10. Limited Cooperative Associations.","Subchapter XIII. Action by Member."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-1013.05","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"627f356b37bfc018dfa59abd601783ed6d9cf7040ff63313799f344f7ce79885","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-1013.04","next":"us-dc/d.c.-code-29-1013.06"},"notice":"GroundRules: Original legal text. Not legal advice."}
