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§ 25-10-721 — Washington Law | CourtGPT
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  5. Chapter 25.10 - Uniform Limited Partnership Act.25.10.006 - Short Title/
  6. § 25-10-721
Washington Legal Code

§ 25-10-721

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RCW 25.10.721Proceeds and expenses.(1) Except as otherwise provided in subsection (2) of this section:(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;(b) If the derivative plaintiff receives any proceeds, the derivative plaintiff shall immediately remit them to the limited partnership.(2) If a derivative action is successful in whole or in part, the court may award the plaintiff reasonable expenses, including reasonable attorneys' fees, from the recovery of the limited partnership.[ 2009 c 188 s 1005.]