{"data":{"id":"us-me/31-m.r.s.-1425","jurisdiction":"us-me","citation":"31 M.R.S. §1425","heading":"Proceeds and expenses","body":"1.  Proceeds.  Except as otherwise provided in subsection 2:\nA.  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; and\nB.  If the derivative plaintiff receives any proceeds, the derivative plaintiff shall immediately remit them to the limited partnership.\n2.  Expenses.  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":["TITLE 31: PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 19: UNIFORM LIMITED PARTNERSHIP ACT","SUBCHAPTER 10: ACTIONS BY PARTNERS"],"source_url":"https://legislature.maine.gov/statutes/31/title31sec1425.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:37Z","sha256":"7aab3571758253c34b4a7cb06125a60b72a13fc022d8d91d0bb352c23ee84654","source_id":"us-me","stale":false,"prev":"us-me/31-m.r.s.-1424","next":"us-me/31-m.r.s.-1431"},"notice":"GroundRules: Original legal text. Not legal advice."}