{"data":{"id":"us-mt/35-12-1404","jurisdiction":"us-mt","citation":"35-12-1404","heading":"Proceeds and expenses.","body":"(1) Except as provided in subsection (2):\n(a) 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(b) if the derivative plaintiff receives any proceeds, the derivative plaintiff shall immediately remit them to the limited partnership.\n(2) If a derivative action is successful in whole or in part, the court may award the plaintiff reasonable expenses, including reasonable attorney fees, from the recovery of the limited partnership.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 12. LIMITED PARTNERSHIPS","Part 14. Derivative Actions"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0120/part_0140/section_0040/0350-0120-0140-0040.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:24Z","sha256":"6c7f5150afb43c72cebc28bd652f98a6f4cf2392bdc0fb6547bd070008deaa13","source_id":"us-mt","stale":false,"prev":"us-mt/35-12-1403","next":"us-mt/35-12-1405"},"notice":"GroundRules: Original legal text. Not legal advice."}