NEWBERN, Justice.
Respondent William Faust brought this action as a shareholder's derivative suit. He named the corporate petitioner and the two individual petitioners, who are corporate directors, as defendants. At the time the suit was brought, Faust was not only a shareholder but was the president of the corporation. Faust brought the action in Saline County which is the county of his residence. The basis for laying venue there is Ark.Stat.Ann. § 27-605 (Repl...
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