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
Title 35. Corporations, Partnerships, and Associations
Chapter 14. Montana Business Corporation Act
35-14-703. Court-ordered meeting
35-14-704. Action without meeting
35-14-707. Record date for 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
35-14-723. 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
35-14-732. Shareholder agreements
35-14-733. through 35-14-739 reserved
35-14-740. Definitions -- derivative proceedings
35-14-743. Stay of proceedings
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