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