50. Definitions. For the purposes of this part, the term: (1) 'Derivative proceeding' means a civil action in the right of a domestic corporation or, to the extent provided in § 29-305.57, in the right of a foreign corporation. (2) 'Shareholder' includes a beneficial owner whose shares are held in a voting trust or held by a nominee on the beneficial owner’s behalf. (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
District of Columbia Legal Code