Section 7.46: Payment of expenses
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/ma/part-i/title-xxii/chapter-156d/7-28·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 7.46. PAYMENT OF EXPENSES
On termination of the derivative proceeding the court may:
(1)order the corporation to pay the plaintiff's reasonable expenses, including counsel fees, incurred in the proceeding if it finds that the proceeding has resulted in a substantial benefit to the corporation; or
(2)order the plaintiff to pay any defendant's reasonable expenses, including counsel fees, incurred in defending the proceeding if it finds that the proceeding was commenced or maintained without reasonable cause or for an improper purpose.