Section 30-29-740 - PART DEFINITIONS.

ID Code § 30-29-740 (2019) (N/A)
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30-29-740. PART DEFINITIONS. As used in sections 30-29-741 through 30-29-747, Idaho Code:

(1) "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in section 30-29-747, Idaho Code, in the right of a foreign corporation.

(2) "Shareholder" means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner.

History:

[30-29-740, added 2015, ch. 243, sec. 62, p. 925; am. 2019, ch. 90, sec. 65, p. 266.]