2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.746 - PAYMENT OF EXPENSES.

        490.746  PAYMENT OF EXPENSES.
         On termination of the derivative proceeding, the court may do
      either of the following:
         1.  Order the corporation to pay the plaintiff's reasonable
      expenses, including attorney fees incurred in the proceeding, if it
      finds that the proceeding has resulted in a substantial benefit to
      the corporation.
         2.  Order the plaintiff to pay any defendant's reasonable
      expenses, including attorney fees incurred in defending the
      proceeding, if it finds that the proceeding was commenced or
      maintained without reasonable cause or for an improper purpose.  
         Section History: Recent Form
         2002 Acts, ch 1154, §29, 125
         Referred to in § 490.747

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