35-14-740. Definitions -- derivative proceedings. In 35-14-740 through 35-14-747, the following definitions apply:
(1) "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in 35-14-747, in the right of a foreign corporation.
(2) "Shareholder" means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner.
History: En. Sec. 83, Ch. 271, L. 2019.
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