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Current as of January 01, 2025 | Updated by Findlaw Staff
As used in this article, unless the context otherwise requires, the term:
“Asserted shareholder” means an entity holding a certificate for one or more shares of stock of a corporation on which it is stated to be the owner thereof but which is not listed as a shareholder on the records of the corporation.
“Corporation” shall have the meaning provided in § 13.1-603.
“Entity” means one or more persons, partnerships, unincorporated associations, corporations or other organizations entitled to hold property in its own name.
“Lost shareholder” means a shareholder shown by the records of a corporation to have been a shareholder for more than seven years but who, throughout that period, neither claimed a dividend or other sum nor corresponded in writing with the corporation or otherwise indicated an interest as evidenced by a memorandum or other record on file with the corporation and the corporation does not know the location of the shareholder at the end of such seven-year period.
“Shareholder” means an entity shown by the records of a corporation to be the owner of one or more shares of its outstanding capital stock.
Cite this article: FindLaw.com - Virginia Code Title 13.1. Corporations § 13.1-776. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/va/title-13-1-corporations/va-code-sect-13-1-776/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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