79-14-1004 - Expenses. - Mississippi Statutes

§ 79-14-1004. Expenses.
 

If a derivative action is successful, in whole or in part, or if anything is received by the plaintiff as a result of a judgment, compromise, or settlement of an action or claim, the court may award the plaintiff reasonable expenses, including reasonable attorney's fees, and shall direct him to remit to the limited partnership the remainder of those proceeds received by him. If those proceeds are insufficient to reimburse plaintiff's reasonable expenses, the court may direct that any such award of plaintiff's expenses, or a portion thereof, be paid by the limited partnership. 
 

Sources: Laws,  1987, ch. 488, § 1004, eff from and after January 1, 1988.