Proceeds and expenses.

Miss. Code Ann. § 79-14-906
in effect
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Except as otherwise provided in subsection (b): 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 If the plaintiff receives any proceeds, the plaintiff shall remit them immediately to the partnership. 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. A derivative action on behalf of a limited partnership may not be voluntarily dismissed or settled without the court’s approval.
Source: Public.Resource.Org MS CodeURL: https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r78/gov.ms.code.title.79.htmlFetched: 10/18/2026

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