2010 Maryland Code
CORPORATIONS AND ASSOCIATIONS
TITLE 4A - LIMITED LIABILITY COMPANY ACT
Subtitle 8 - Derivative Actions
Section 804 - Expenses.
§ 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.]
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