Georgia Commons

Plain text

14-2-740. Definitions.

The only printed version. Current through: Including Acts of the 2025 Regular Session of the General Assembly.

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 14-2-747, 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 owner’s behalf.