{"data":{"id":"us-nj/n.j.-stat.-42-2c-72","jurisdiction":"us-nj","citation":"N.J. Stat. § 42:2C-72","heading":"Proceeds and expenses.","body":"72.\tProceeds and Expenses.\na.\tExcept as otherwise provided in subsection b. of this section:\n(1)\tany proceeds or other benefits of a derivative action under section 68 of this act, whether by judgment, compromise, or settlement, belong to the limited liability company and not to the plaintiff; and\n(2)\tif the plaintiff receives any proceeds, the plaintiff shall remit them immediately to the company.\nb.\tIf a derivative action under section 68 of this act is successful in whole or in part, the court may award the plaintiff reasonable expenses, including reasonable attorney's fees and costs, from the recovery of the limited liability company.\nL.2012, c.50, s.72.","path":["TITLE 42 PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"9bc98196c46cf7c68d6075b62f5861c07551fb4589fafea7c190e6d9a8291af6","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-42-2c-71","next":"us-nj/n.j.-stat.-42-2c-73"},"notice":"GroundRules: Original legal text. Not legal advice."}
