Maine § 13-C §751 Definitions

Maine Statutes

§ 13-C §751 — Definitions

Maine·Title 13-C MAINE BUSINESS CORPORATION ACT·Ch. 7 SHAREHOLDERS

As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.

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.

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.

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As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.
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.
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.

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