{"data":{"id":"us-dc/d.c.-code-29-808.06","jurisdiction":"us-dc","citation":"D.C. Code § 29-808.06","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 under § 29-808.02, whether by judgment, compromise, or settlement, belong to the limited liability company and not to the plaintiff; and\n(2)\nIf the plaintiff receives any proceeds, the plaintiff shall remit them immediately to the company.\n\n(b)\nIf a derivative action under § 29-808.02 is successful in whole or in part, the Superior Court may award the plaintiff reasonable expenses, including reasonable attorney’s fees and costs, from the recovery of the limited liability company.\n\n(c)\nA derivative action on behalf of a limited partnership may not be voluntarily dismissed or settled without the Superior Court’s approval.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 8. Limited Liability Companies.","Subchapter VIII. Actions by Members."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-808.06","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"dd97e70d7e21649ce9acf2604a5f2912facaac42ce95813575c9d707a74a971b","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-808.05","next":"us-dc/d.c.-code-29-809.01"},"notice":"GroundRules: Original legal text. Not legal advice."}