§ 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.