Iowa Code § 490.740 : BUSINESS ENTITIES — BUSINESS AND PROFESSIONAL CORPORATIONS AND COMPANIES — Business corporations — MEETINGS - NOTICE - VOTING —Part D — Part definitions

As used in this part:

1. "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in section 490.747, in the right of a foreign corporation.

2. "Shareholder" means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner.

Iowa Code § 490.740

Amended by 2021 Iowa HF 844,s 80, eff. 1/1/2022.

89 Acts, ch 288, §71; 2002 Acts, ch 1154, §23, 125