1705.52 Dividing proceeds. - Ohio Statutes

1705.52 Dividing proceeds.

If a derivative action commenced pursuant to section 1705.49 of the Revised Code 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 the action or a claim in the action, the court may award the plaintiff reasonable expenses, including reasonable attorney’s fees, and shall direct him to remit to the company the remainder of the proceeds received by him.

Effective Date: 07-01-1994