§ 35-2-213 — "Resident domestic corporation" defined.

(a) As used in this article, "resident domestic corporation" means a domestic corporation that has a class of voting shares registered with the Securities and Exchange Commission or another federal agency under Section 12 of the 1934 Exchange Act. (b) A resident domestic corporation does not cease to be a resident domestic corporation by reason of events occurring or actions taken while the resident domestic corporation is subject to this article.

Legislative History

HISTORY: 1988 Act No. 444, SECTION 5, eff April 22, 1988; 1990 Act No. 446, SECTION 10, eff May 7, 1990. Effect of Amendment The 1990 amendment revised, in subsection (a), the definition of "resident domestic corporation".