Connecticut § 33-720 - Derivative proceedings. Definitions.
Full text of Connecticut Connecticut General Statutes § 33-720 — Derivative proceedings. Definitions., with citation guidance and answers to common questions.
§ 33-720. Derivative proceedings. Definitions.
Sec. 33-720. Derivative proceedings. Definitions. As used in sections 33-720 to 33-727, inclusive:
(1) “Derivative proceeding” means a civil suit in the right of a domestic corporation or, to the extent provided in section 33-727, in the right of a foreign corporation.
(2) “Shareholder” includes a beneficial owner whose shares are held in a voting trust or held by a nominee on the beneficial owner's behalf.
(P.A. 94-186, S. 75, 215.)
History: P.A. 94-186 effective January 1, 1997.
Source: official Connecticut text · Last verified 2026-08-27
Frequently Asked Questions About Connecticut § 33-720
What does Connecticut General Statutes § 33-720 cover?
Section 33-720 ("Derivative proceedings. Definitions.") is part of the Connecticut General Statutes, the codified statutory law of Connecticut. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Connecticut § 33-720?
A common citation format is "Connecticut General Statutes § 33-720" (Connecticut). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Connecticut law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Connecticut official source linked on this page or consult a licensed Connecticut attorney.
How does Connecticut § 33-720 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Connecticut can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
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