— Also termed shareowner; (in a corporation) stockholder. [Cases: Corporations 170. C.J.S. Corporations §§ 305, 308–309, 312, 314, 317.]
controlling shareholder. A shareholder who is in a position to influence the corporation’s activities because the shareholder either owns a majority of outstanding shares or owns a smaller percentage but a significant number of the remaining shares are widely distributed among many others. [Cases: Corporations 174. C.J.S. Corporations § 307.]
dummy shareholder. A shareholder who owns stock in name only for the benefit of the true owner, whose identity is usu. concealed.
majority shareholder. A shareholder who owns or controls more than half the corporation’s stock. [Cases: Corporations 182.
3. C.J.S. Corporations § 344.]
minority shareholder. A shareholder who owns less than half the total shares outstanding and thus cannot control the corporation’s management or singlehandedly elect directors. [Cases: Corporations 182.
3. C.J.S. Corporations § 344.]
