Browse 24,960 source-backed statutes, open stored provisions, and verify official source links.
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24,960 statutes · page 23 of 1,248
United States — Arizona
1 provisions
An issuing public corporation generally may not buy or agree to buy shares from a large beneficial owner at more than average market price if the shares were held for less than three years, unless one of the stated exceptions applies.
United States — Arizona
1 provisions
An issuing public corporation generally may not make or change compensation agreements that raise pay for its officers or directors during a tender offer for its shares, except for routine compensation changes in the ordinary course of business.
United States — Arizona
1 provisions
This section says the chapter applies only to issuing public corporations and to corporations that properly elect coverage under subsection C.
United States — Arizona
1 provisions
This section says the article does not apply to a control share acquisition if one of several listed conditions is met.
United States — Arizona
1 provisions
After a control share acquisition, the acquiring person must deliver an information statement to the issuing public corporation within 10 days, and must promptly file an amendment if the facts change materially.
United States — Arizona
1 provisions
If an acquiring person makes the required written request and undertaking, the issuing public corporation must call and hold a special shareholders’ meeting within set deadlines and give notice with specified materials.
United States — Arizona
1 provisions
A special meeting call is not required, and voting-rights questions about the relevant shares may not be presented at shareholder meetings unless the acquiring person has already secured and delivered a qualifying financing agreement.
United States — Arizona
1 provisions
Shares acquired in a control share acquisition keep voting rights for director elections, but generally cannot vote on other matters unless shareholders approve.
United States — Arizona
1 provisions
An acquiring person, an issuing public corporation, and shareholders of an issuing public corporation may sue to enforce this article.
United States — Arizona
1 provisions
An issuing public corporation may redeem certain shares acquired in a control share acquisition, unless its articles or shareholder-approved bylaws say otherwise.
United States — Arizona
1 provisions
An issuing public corporation generally may not enter a business combination with an interested shareholder for three years after the shareholder’s acquisition date unless a required committee approves it before that date.
United States — Arizona
1 provisions
An issuing public corporation generally may not enter into or authorize a business combination with an interested shareholder, unless the transaction fits the section’s listed exceptions and conditions.
United States — Arizona
1 provisions
This section lists when the business-combinations article does not apply to an issuing public corporation, and limits later bylaw changes adopted under one exemption unless shareholders approve them.
United States — Arizona
1 provisions
A corporation must have a purpose of engaging in lawful business activity and may engage in lawful business activity, subject to its articles of incorporation and other applicable law.
United States — Arizona
1 provisions
Corporations generally have broad powers to run their business, unless their articles of incorporation say otherwise.
United States — Arizona
1 provisions
In an emergency, a corporation’s board may change succession lines and move or designate offices.
United States — Arizona
1 provisions
The section limits challenges to a corporation’s power to act, allows certain proceedings to challenge that power, lets a court enjoin or set aside an unauthorized act and award some damages, and makes certain unauthorized officers or directors personally liable for resulting debts and liabilities.
United States — Arizona
1 provisions
Chapters 24 through 40 may be cited as the Arizona nonprofit corporation act.
United States — Arizona
1 provisions
The legislature may amend or repeal this act at any time, and domestic and foreign corporations subject to the act are governed by that amendment or repeal.
United States — Arizona
1 provisions
This section lists the requirements a document must meet to be filed by the commission, including content, format, language, execution, signature details, and payment rules.