[§414-144]  Shares held by nominees. 
(a)  A corporation may establish a procedure by which the beneficial owner of
shares that are registered in the name of a nominee is recognized by the
corporation as the shareholder.  The extent of this recognition may be
determined in the procedure.



(b)  The procedure may set forth:



(1)  The types of nominees to which it applies;



(2)  The rights or privileges that the corporation
recognizes in a beneficial owner;



(3)  The manner in which the procedure is selected by the
nominee;



(4)  The information that must be provided when the
procedure is selected;



(5)  The period for which selection of the procedure
is effective; and



(6)  Other aspects of the rights and duties created.
[L 2000, c 244, pt of §1]