490.740 Part definitions. As used in this part: 1. 'Derivative proceeding' means a civil suit in the right of a domestic corporation or, to the extent provided in section 490.747, in the right of a foreign corporation. 2. 'Shareholder' means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner. 89 Acts, ch 288, §71; 2002 Acts, ch 1154, §23, 125; 2021 Acts, ch 165, §80, 230
Iowa Legal Code