Montana Code Annotated
Part 7. Shareholders
35-14-746. Payment of expenses

35-14-746. Payment of expenses. On termination of the derivative proceeding, the court may:
(1) 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;
(2) 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
(3) 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:
(a) 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
(b) was interposed for an improper purpose, including to harass or to cause unnecessary delay or needless increase in the cost of litigation.
History: En. Sec. 89, Ch. 271, L. 2019.

Structure Montana Code Annotated

Montana Code Annotated

Title 35. Corporations, Partnerships, and Associations

Chapter 14. Montana Business Corporation Act

Part 7. Shareholders

35-14-701. Annual meeting

35-14-702. Special meeting

35-14-703. Court-ordered meeting

35-14-704. Action without meeting

35-14-705. Notice of meeting

35-14-706. Waiver of notice

35-14-707. Record date for meeting

35-14-708. Conduct of meeting

35-14-709. Remote participation -- shareholder's meetings

35-14-710. through 35-14-719 reserved

35-14-720. Shareholders' list for meeting

35-14-721. Voting entitlements of shares

35-14-722. Proxies

35-14-723. Shares held by intermediaries and nominees

35-14-724. Acceptance of votes -- other instruments

35-14-725. Quorum and voting requirements -- voting groups

35-14-726. Action by single and multiple voting groups

35-14-727. Modifying quorum or voting requirements

35-14-728. Voting for directors -- cumulative voting

35-14-729. Inspectors of election

35-14-730. Voting trusts

35-14-731. Voting agreements

35-14-732. Shareholder agreements

35-14-733. through 35-14-739 reserved

35-14-740. Definitions -- derivative proceedings

35-14-741. Standing

35-14-742. Demand

35-14-743. Stay of proceedings

35-14-744. Dismissal

35-14-745. Discontinuance -- settlement

35-14-746. Payment of expenses

35-14-747. Applicability to foreign corporations

35-14-748. Shareholder action to appoint custodian or receiver

35-14-749. Judicial determination -- corporate offices -- review of elections and shareholder votes