§ 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. The oldest record of it is its appearance in the Code of Virginia of 1950, as § 13.1-156. 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.