Maryland Corporations and Associations Section 4A-804

Article - Corporations and Associations

§ 4A-804.

      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.



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