State Codes and Statutes
Statutes > Maryland > Corporations-and-associations > Title-4a > Subtitle-8 > 804§ 4A-804. Expenses.
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.
[1992, ch. 536.]
