17:9A-368 - Costs and expenses of action - New Jersey Statutes

17:9A-368.  Costs and expenses of action
    The costs and expenses of bringing an action pursuant to section 11 shall be  determined by the court and shall be apportioned and assessed as the court may  find equitable upon the parties or any of them.  Such expenses shall include  reasonable compensation for and reasonable expenses of the appraiser, if any,  but shall exclude the fees and expenses of counsel for and experts employed by  any party;  but if the court finds that the offer of payment made by the  participating bank under section 10 was not made in good faith, or if no such  offer was made, the court in its discretion may award to any dissenting  stockholder who is a party to the action reasonable fees and expenses of his  counsel and of any experts employed by the dissenting stockholder.

     L.1969, c. 118, s. 14, eff. June 30, 1969.