§ 4A-804. Expenses

Latest version.

   If a derivative action is successful, in whole or in part, or if anything is received by the plaintiff as a result of a judgment, compromise, or settlement of an action or claim, the court:

   (1) May award the plaintiff reasonable expenses, including reasonable attorney's fees; and

   (2) Shall direct the plaintiff to remit to the limited liability company the remainder of those proceeds.

HISTORY: 1992, ch. 536.

                    
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