[§414-5]  Number of shareholders.  (a) For purposes of this chapter, the following identified as a shareholder in acorporation's current record of shareholders constitutes one shareholder:

(1)  Three or fewer co-owners;

(2)  A corporation, partnership, trust, estate, orother entity; or

(3)  The trustees, guardians, custodians, or otherfiduciaries of a single trust, estate, or account.

(b)  For purposes of this chapter,shareholdings registered in substantially similar names constitute oneshareholder if it is reasonable to believe that the names represent the sameperson. [L 2000, c 244, pt of §1]