{"id":689,"date":"2019-07-18T20:48:13","date_gmt":"2019-07-18T20:48:13","guid":{"rendered":"http:\/\/simplifiedcodes.com\/?page_id=689"},"modified":"2020-07-22T18:28:01","modified_gmt":"2020-07-22T18:28:01","slug":"%c2%a7-367-derivative-suits","status":"publish","type":"page","link":"https:\/\/simplifiedcodes.com\/?page_id=689","title":{"rendered":"\u00a7 367 Suits to enforce the requirements of \u00a7365(a)."},"content":{"rendered":"<p>An action to enforce the balancing requirement of \u00a7365(a) may only be brought by plaintiffs who own individually or collectively, as of the date of instituting such action, at least 2% of the corporation\u2019s outstanding shares or, in the case of a corporation with shares listed on a national securities exchange, the lesser of such percentage or shares of the corporation with a market value of at least $2,000,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An action to enforce the balancing requirement of \u00a7365(a) may only be brought by plaintiffs who own individually or collectively, as of the date of instituting such action, at least 2% of the corporation\u2019s outstanding shares or, in the case of a corporation with shares listed on a national securities exchange, the lesser of such [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":372,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"_links":{"self":[{"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/pages\/689"}],"collection":[{"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=689"}],"version-history":[{"count":2,"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/pages\/689\/revisions"}],"predecessor-version":[{"id":797,"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/pages\/689\/revisions\/797"}],"up":[{"embeddable":true,"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/pages\/372"}],"wp:attachment":[{"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}