47-1A-740. Subpart definitions.
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/sd/title-47/chapter-47-1/47-1a-740·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Terms used in §§ 47-1A-741 to 47-1A-747 , inclusive, mean:
(1)"Derivative proceeding," a civil suit in the right of a domestic corporation or, to the extent provided in § 47-1A-747 , 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.