{"data":{"id":"us-mn/minn.-stat.-321.1005","jurisdiction":"us-mn","citation":"Minn. Stat. § 321.1005","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":["BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS","CHAPTER 321. UNIFORM LIMITED PARTNERSHIP ACT 2001","ARTICLE 10 ACTIONS BY PARTNERS"],"source_url":"https://www.revisor.mn.gov/statutes/cite/321.1005","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:42Z","sha256":"9f9cff1208fd6b80b70b522daa9ed6381d4dedfa636de150a543be875ab361b5","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-321.1004","next":"us-mn/minn.-stat.-321.1101"},"notice":"GroundRules: Original legal text. Not legal advice."}
