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the Vermont Statutes
2012 Vermont Statutes
Title 11 Corporations, Partnerships and Associations
Chapter 23 LIMITED PARTNERSHIPS
§ 3494 Expenses
Universal Citation:
11 V.S.A. § 3494.
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§ 3494. 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 may award the plaintiff reasonable expenses, including reasonable attorney's fees, and shall direct him or her to remit to the limited partnership the remainder of those proceeds received by him or her. (Added 1997, No. 149 (Adj. Sess.), § 4, eff. Jan. 1, 1999.)
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