Florida Statute 620.2005 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 620
PARTNERSHIP LAWS

View Entire Chapter

F.S. 620.2005

620.2005 Proceeds and expenses.—

(1) Except as otherwise provided in subsection (2):

(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 such proceeds 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 attorney’s fees, from the limited partnership.

History.—s. 17, ch. 2005-267.

F.S. 620.2005 on Google Scholar

F.S. 620.2005 on Casetext

Amendments to 620.2005

Arrestable Offenses / Crimes under Fla. Stat. 620.2005

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 620.2005.

Annotations, Discussions, Cases:

Cases Citing Statute 620.2005

Total Results: 3

Nichols v. Nichols

Court: District Court of Appeal of Florida | Date Filed: 2005-07-27

Citation: 907 So. 2d 620, 2005 WL 1750697

Snippet: 907 So.2d 620 (2005) Donna Joy NICHOLS, Appellant, v. Floyd H. NICHOLS, Appellee. No. 4D03-4461. District

Amber Glades, Inc. v. LEISURE ASSOCIATES LIMITED PARTNERSHIP

Court: District Court of Appeal of Florida | Date Filed: 2005-02-09

Citation: 893 So. 2d 620, 2005 Fla. App. LEXIS 1360

Snippet: 893 So.2d 620 (2005) AMBER GLADES, INC., Appellant, v. LEISURE ASSOCIATES LIMITED PARTNERSHIP and P

Byrd v. State

Court: District Court of Appeal of Florida | Date Filed: 2005-02-09

Citation: 893 So. 2d 620, 2005 WL 292152

Snippet: 893 So.2d 620 (2005) Edward BYRD, Appellant, v. STATE of Florida, Appellee. No. 2D03-2756. District