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Statutes Text

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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