{"data":{"id":"us-nd/n.d.-cent.-code-10-32.1-38","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 10-32.1-38","heading":"Proceeds and expenses","body":"1.Except as otherwise provided in subsection 2:\na.Any proceeds or other benefits of a derivative action under section 10-32.1-34, whether by judgment, compromise, or settlement, belong to the limited liability company and not to the plaintiff; and\nb.If the plaintiff receives any proceeds, then the plaintiff shall remit them immediately to the company.\n2.If a derivative action under section 10-32.1-34 is successful in whole or in part, then the court may award the plaintiff reasonable expenses, including reasonable attorney fees and costs, from the recovery of the limited liability company.","path":["Title 10 Corporations","Chapter 10-32.1 Uniform Limited Liability Company Act"],"source_url":"https://ndlegis.gov/cencode/t10c32-1.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"2c566f62ef885bb56ab3270ac29691abeeebf180e76194d3cf835ca8c56169d2","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-10-32.1-37","next":"us-nd/n.d.-cent.-code-10-32.1-39"},"notice":"GroundRules: Original legal text. Not legal advice."}