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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>55588</law_id><section_number>13.1-776</section_number><catch_line>Definitions</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="13.1">Corporations</unit><unit label="chapter" level="2" order_by="1" identifier="9">Virginia Stock Corporation Act</unit><unit label="article" level="3" order_by="1" identifier="19">Proceeding for Determination of Shareholders</unit></structure><text>
						<section><p>As used in this article, unless the context otherwise requires, the term:
		&#x201C;<span class="dictionary">Asserted shareholder</span>&#x201D; means an <span class="dictionary">entity</span> holding a certificate for one or more <span class="dictionary">shares</span> of stock of a <span class="dictionary">corporation</span> on which it is stated to be the owner thereof but which is not listed as a shareholder on the records of the <span class="dictionary">corporation</span>.
		&#x201C;<span class="dictionary">Corporation</span>&#x201D; shall have the meaning provided in &#xA7;&#xA0;<a class="law" title="Definitions" href="/13.1-603/">13.1-603</a>.
		&#x201C;<span class="dictionary">Entity</span>&#x201D; means one or more <span class="dictionary">persons</span>, partnerships, unincorporated associations, <span class="dictionary">corporations</span> or other organizations entitled to hold property in its own name.
		&#x201C;<span class="dictionary">Lost shareholder</span>&#x201D; means a shareholder shown by the records of a <span class="dictionary">corporation</span> 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 <span class="dictionary">writing</span> with the <span class="dictionary">corporation</span> or otherwise indicated an <span class="dictionary">interest</span> as evidenced by a <span class="dictionary">memorandum</span> or other record on file with the <span class="dictionary">corporation</span> and the <span class="dictionary">corporation</span> does not know the location of the shareholder at the end of such seven-year period.
		&#x201C;Shareholder&#x201D; means an <span class="dictionary">entity</span> shown by the records of a <span class="dictionary">corporation</span> to be the owner of one or more <span class="dictionary">shares</span> of its outstanding capital stock.</p></section></text><history>Code 1950, &#xA7; 13.1-156; 1979, c. 90; 1983, c. 190; 1985, c. 522; 2005, c. 765.</history><metadata></metadata></law>
