§ 35-14-740

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.