30-29-746. PAYMENT OF EXPENSES. On termination of the derivative proceeding the court may:
(a) Order the corporation to pay the plaintiff’s expenses incurred in the proceeding if it finds that the proceeding has resulted in a substantial benefit to the corporation;
(b) Order the plaintiff to pay any defendant’s expenses incurred in defending the proceeding if it finds that the proceeding was commenced or maintained without reasonable cause or for an improper purpose; or
(c) Order a party to pay an opposing party’s expenses incurred because of the filing of a pleading, motion or other paper, if it finds that the pleading, motion or other paper was not well grounded in fact, after reasonable inquiry, or warranted by existing law or a good faith argument for the extension, modification or reversal of existing law or was interposed for an improper purpose, such as to harass or cause unnecessary delay or needless increase in the cost of litigation.
History:
[30-29-746, added 2015, ch. 243, sec. 62, p. 926; am. 2019, ch. 90, sec. 70, p. 267.]
Structure Idaho Code
Chapter 29 - GENERAL BUSINESS CORPORATIONS
Section 30-29-701 - ANNUAL MEETING.
Section 30-29-702 - SPECIAL MEETING.
Section 30-29-703 - COURT-ORDERED MEETING.
Section 30-29-704 - ACTION WITHOUT MEETING.
Section 30-29-705 - NOTICE OF MEETING.
Section 30-29-706 - WAIVER OF NOTICE.
Section 30-29-707 - RECORD DATE FOR MEETING.
Section 30-29-708 - CONDUCT OF MEETING.
Section 30-29-709 - REMOTE PARTICIPATION IN SHAREHOLDERS’ MEETINGS.
Section 30-29-720 - SHAREHOLDERS’ LIST FOR MEETING.
Section 30-29-721 - VOTING ENTITLEMENT OF SHARES.
Section 30-29-723 - SHARES HELD BY INTERMEDIARIES AND NOMINEES.
Section 30-29-724 - ACCEPTANCE OF VOTES AND OTHER INSTRUMENTS.
Section 30-29-725 - QUORUM AND VOTING REQUIREMENTS FOR VOTING GROUPS.
Section 30-29-726 - ACTION BY SINGLE AND MULTIPLE VOTING GROUPS.
Section 30-29-727 - MODIFYING QUORUM OR VOTING REQUIREMENTS.
Section 30-29-728 - VOTING FOR DIRECTORS — CUMULATIVE VOTING.
Section 30-29-729 - INSPECTORS OF ELECTION.
Section 30-29-730 - VOTING TRUSTS.
Section 30-29-731 - VOTING AGREEMENTS.
Section 30-29-732 - SHAREHOLDER AGREEMENTS.
Section 30-29-740 - PART DEFINITIONS.
Section 30-29-743 - STAY OF PROCEEDINGS.
Section 30-29-744 - DISMISSAL.
Section 30-29-745 - DISCONTINUANCE OR SETTLEMENT.
Section 30-29-746 - PAYMENT OF EXPENSES.
Section 30-29-747 - APPLICABILITY TO FOREIGN CORPORATIONS.
Section 30-29-748 - SHAREHOLDER ACTION TO APPOINT A CUSTODIAN OR RECEIVER.