§ 13.1-776 Definitions
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.
History
The record of this law’s original creation isn’t available online. It has been modified 4 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1979, chapter 90; in 1983, chapter 190; in 1985, chapter 522; in 2005, chapter 765.
Code 1950, § 13.1-156; 1979, c. 90; 1983, c. 190; 1985, c. 522; 2005, c. 765.