In this Part:
(1) "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in G.S. 55-7-47, in the right of a foreign corporation.
(2) "Shareholder" has the same meaning as in G.S. 55-1-40 and includes a beneficial owner whose shares are held in a voting trust or held by a nominee on the beneficial owner's behalf. (1995, c. 149, s. 1.)
Sections: Previous 55-7-25 55-7-26 55-7-27 55-7-28 55-7-30 55-7-31 55-7-40 55-7-40.1 55-7-41 55-7-42 55-7-43 55-7-44 55-7-45 55-7-46 55-7-47 Next
Last modified: March 23, 2014