D.C. Code § 29-305.50

Current through codified legislation effective September 18, 2024

Section 29-305.50 - Definitions

For the purposes of this part, the term:

(1) "Derivative proceeding" means a civil action in the right of a domestic corporation or, to the extent provided in § 29-305.57, 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 beneficial owner's behalf.

D.C. Code § 29-305.50

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.