§414-171 - Definitions.
D.
Derivative Proceedings
[§414-171] Definitions. As used in
this subpart:
"Derivative proceeding" means a civil
suit in the right of a domestic corporation or, to the extent provided in
section 414‑178, in the right of a foreign corporation.
"Shareholder" includes a beneficial
owner whose shares are held in a voting trust or held by a nominee on the
beneficial owner's behalf. [L 2000, c 244, pt of §1]