Idaho Code 30-29-740 – Part Definitions
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 30-29-740
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(1) “Derivative proceeding” means a civil suit in the right of a domestic corporation or, to the extent provided in section 30-29-747, Idaho Code, in the right of a foreign corporation.
(2) “Shareholder” means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner.