Section 14-2-740. Part definitions

Latest version.

   As used in this part, the term:

   (1) "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in Code Section 14-2-747, 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 owner's behalf.

Code 1981, § 14-2-740, enacted by Ga. L. 1988, p. 1070, § 1.

                    
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