{"data":{"id":"us-ky/krs-362.2-935","jurisdiction":"us-ky","citation":"KRS 362.2-935","heading":"Proceeds and expenses.","body":"(1) Except as otherwise provided in subsection (2) of this section:\n(a) Any proceeds or other benefits of a derivative action, whether by judgment,\ncompromise, or settlement, belong to the limited partnership and not to the\nderivative plaintiff;\n(b) If the der ivative plaintiff receives any of those proceeds, then the derivative\nplaintiff shall immediately remit them to the limited partnership.\n(2) If a derivative action is successful in whole or in part, then the court may award the\nplaintiff reasonable expense s, including reasonable attorney's fees, from the\nrecovery of the limited partnership.\n(3) On termination of the proceeding brought pursuant to this section, the court may\nrequire the plaintiff to pay any defendant's reasonable expenses, including counsel\nfees, incurred in defending the proceeding to the extent it finds that the proceeding\nor any portion thereof was commenced without reasonable cause or for an improper\npurpose.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=44377","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:59Z","sha256":"fb408afb4ccec43bcac4ebf3496392d0cd8f31a3e2d8646664f9134fddc91322","source_id":"us-ky","stale":false,"prev":"us-ky/krs-362.2-934","next":"us-ky/krs-362.2-951"},"notice":"GroundRules: Original legal text. Not legal advice."}