{"data":{"id":"us-il/805-ilcs-215-1005","jurisdiction":"us-il","citation":"805 ILCS 215/1005","heading":"Proceeds and expenses.","body":"(a) Except as otherwise provided in subsection (b):\n(1) any proceeds or other benefits of a derivative action, whether by judgment, compromise, or settlement, belong to the limited partnership and not to the derivative plaintiff;\n(2) if the derivative plaintiff receives any proceeds, the derivative plaintiff shall immediately remit them to the limited partnership.\n(b) If a derivative action is successful in whole or in part, the court may award the plaintiff reasonable expenses, including reasonable attorney's fees, from the recovery of the limited partnership.","path":["CHAPTER 805 BUSINESS ORGANIZATIONS","Uniform Limited Partnership Act (2001)."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2625\u0026ChapterID=65\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"9f9cff1208fd6b80b70b522daa9ed6381d4dedfa636de150a543be875ab361b5","source_id":"us-il","stale":false,"prev":"us-il/805-ilcs-215-1004","next":"us-il/805-ilcs-215-1101"},"notice":"GroundRules: Original legal text. Not legal advice."}
