Meaning of "derivative proceeding", "shareholder" in subarticle
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In Sections 79-4-7.41 through 79-4-7.47:
"Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in Section 79-4-7.47, in the right of a foreign corporation.
"Shareholder" includes a beneficial owner whose shares are held in a voting trust or held by a nominee on the beneficial owner's behalf.