RS 12:1-740
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/la/title-12/12-721A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 12:1-740
SUBPART D. DERIVATIVE PROCEEDINGS
§1-740. Subpart definitions
In this Subpart, the following meanings shall apply:
(1)"Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in R.S. 12:1-747, in the right of a foreign corporation.
(2)"Shareholder" means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner.
Acts 2014, No. 328, §1, eff. Jan. 1, 2015.