There Is a Newer Version
of
the Vermont Statutes
2009 Vermont Code
Title 11 - Corporations, Partnerships and Associations
Chapter 21 - LIMITED LIABILITY COMPANIES (Contains: §§ 3001 – 3184)
§ 3154 - Expenses
§ 3154. Expenses TITLE 11 Corporations, Partnerships and Associations CHAPTER 21. LIMITED LIABILITY COMPANIES Subchapter XI. Derivative Actions
§ 3154. Expenses
If a derivative action for a limited liability company 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 may award the plaintiff reasonable expenses, including reasonable attorney's fees, and shall direct the plaintiff to remit to the limited liability company the remainder of the proceeds received. (Added 1995, No. 179 (Adj. Sess.), § 4.)
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