Me. Stat. tit. 13-C § 751

Current through 131st (2023-2024) Legislature Chapter 684

Section 751 - Definitions

As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings. [2001, c. 640, Pt. A, §2(NEW); 2001, c. 640, Pt. B, §7(AFF).]

1.Derivative proceeding. "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in section 758, in the right of a foreign corporation.

[2001, c. 640, Pt. A, §2(NEW); 2001, c. 640, Pt. B, §7(AFF).]

2.Shareholder. "Shareholder" includes a beneficial owner whose shares are held in a voting trust or held by a nominee on the beneficial owner's behalf.

[2001, c. 640, Pt. A, §2(NEW); 2001, c. 640, Pt. B, §7(AFF).]

13-C M.R.S. § 751

2001, c. 640, §A2 (NEW) . 2001, c. 640, §B7 (AFF) .