10-2226. Court costs and fees of experts
A. The court in an appraisal proceeding commenced under section 10-2225 shall determine all costs of the proceeding, including the reasonable compensation and expenses of appraisers appointed by the court, and shall assess the costs against the professional corporation unless the court assesses costs against the disqualified shareholder, in an amount the court finds equitable, if the court finds the shareholder acted arbitrarily, vexatiously or not in good faith in refusing to accept the corporation's offer.
B. The court may also assess the fees and expenses of counsel and experts for the disqualified shareholder against the corporation and in favor of the shareholder if the court finds that the fair value of the disqualified shareholder's shares substantially exceeded the amount offered by the corporation or that the corporation did not make an offer.
Section: Previous 10-2215 10-2220 10-2221 10-2222 10-2223 10-2224 10-2225 10-2226 10-2227 10-2228 10-2230 10-2231 10-2232 10-2233 10-2234 NextLast modified: October 13, 2016