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 14-3-747, in the right of a foreign corporation.
(2) "Member" includes those who are members under Code Section 14-3-140, as well as any person who is entitled to some portion of the corporation's property upon dissolution, and any person or class of persons specifically designated in the corporation's bylaws or articles of incorporation as having standing to bring a derivative proceeding.
Section: 14-3-740 14-3-741 14-3-742 14-3-743 14-3-744 14-3-745 14-3-746 14-3-747 NextLast modified: October 14, 2016