Ohio § 1706.616
Full text of Ohio Ohio Revised Code § 1706.616, with citation guidance and answers to common questions.
§ 1706.616.
On termination of the derivative action the court may do any of the following: (A) Order the limited liability company to pay the plaintiff's reasonable expenses, including
attorney fees, incurred by the plaintiff in the derivative action if the court finds
that the derivative action has resulted in a substantial benefit to the limited liability
company; (B) Order a series to pay the plaintiff's reasonable expenses, including attorney fees,
incurred by the plaintiff in the derivative action if the court finds that the derivative
action has resulted in a substantial benefit to the series; (C) Order the plaintiff to pay any defendant's reasonable expenses, including attorney
fees, incurred by the defendant in defending the derivative action if it finds that
the derivative action was commenced or maintained without reasonable cause or for
an improper purpose; (D) 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 both of the following: (1) That the pleading, motion, or other paper was not well grounded in fact, after reasonable
inquiry, or not warranted by existing law or a good faith argument for the extension,
modification, or reversal of existing law. (2) That the pleading, motion, or other paper was interposed for an improper purpose,
such as to harass or cause unnecessary delay or needless increase in the cost of litigation.
Frequently Asked Questions About Ohio § 1706.616
What does Ohio Revised Code § 1706.616 cover?
Section 1706.616 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1706.616?
A common citation format is "Ohio Revised Code § 1706.616" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1706.616 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.