{"data":{"id":"us-ut/utah-code-48-2e-1006","jurisdiction":"us-ut","citation":"Utah Code § 48-2e-1006","heading":"Proceeds and expenses.","body":"(1) Except as otherwise 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 plaintiff; and\n(b) if the plaintiff receives any proceeds, the plaintiff shall remit them immediately 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's fees and costs, from the recovery of the limited partnership.\n(3) A derivative action on behalf of a limited partnership may not be voluntarily dismissed or settled without the court's approval.","path":["Title 48 Unincorporated Business Entity Act","Chapter 48-2e Utah Uniform Limited Partnership Act","Part 48-2e-10 Actions by Partners"],"source_url":"https://le.utah.gov/xcode/Title48/Chapter2e/48-2e-S1006.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"feba0b10a8da239fd2fd1b6ee0e5f6a2c9562cfbca2fd29f6877c8bac77e1ead","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-48-2e-1005","next":"us-ut/utah-code-48-2e-1101"},"notice":"GroundRules: Original legal text. Not legal advice."}