D. Derivative Proceedings

[§414-171] Definitions. As used in this subpart:

"Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in section 414-178, in the right of a foreign corporation.

"Shareholder" includes a beneficial owner whose shares are held in a voting trust or held by a nominee on the beneficial owner's behalf. [L 2000, c 244, pt of §1]