Alaska Statutes 10.15.205 – Allowance of costs to plaintiff
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Terms Used In Alaska Statutes 10.15.205
- action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
- cooperative: means a cooperative corporation subject to the provisions of this chapter. See Alaska Statutes 10.15.595
- court: means superior court. See Alaska Statutes 10.15.595
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
If anything is recovered or obtained as the result of an action under Alaska Stat. § 10.15.200, whether by compromise and settlement or by judgment, the court may award the plaintiff the reasonable expenses of maintaining the action, including reasonable attorney fees, out of the proceeds of the recovery, and may direct the plaintiff to account to the cooperative for the remainder of the proceeds.