United States — Arizona
ARS § 10-3721
1 provisions
Members generally get one vote per matter, unless the articles, bylaws, or a signed written agreement say otherwise.
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United States — Arizona
1 provisions
Members generally get one vote per matter, unless the articles, bylaws, or a signed written agreement say otherwise.
United States — Arizona
1 provisions
The bylaws may set quorum rules for member meetings, unless a higher or lower quorum is provided by chapters 24 through 40 or the articles of incorporation. If not, members present in person or by proxy holding one-tenth of votes entitled to be cast form a quorum.
United States — Arizona
1 provisions
Members act by affirmative vote of the votes represented and voting when a quorum is present, unless a higher vote or class voting is required by the articles, bylaws, or chapters 24 through 40.
United States — Arizona
1 provisions
Members may vote in person or by proxy, and may appoint a proxy unless the articles or bylaws restrict proxy voting.
United States — Arizona
1 provisions
Members may use cumulative voting for directors only when the governing documents allow it, and cumulative voting at a meeting needs the required notice. A director elected this way may be removed by members without cause only if the stated requirements are met and the exception does not apply.
United States — Arizona
1 provisions
A corporation may set director-election procedures in its articles of incorporation or bylaws and may choose among several listed methods.
United States — Arizona
1 provisions
A corporation may accept or reject votes, consents, waivers, and proxy appointments based on signature and authority checks, if it acts in good faith.
United States — Arizona
1 provisions
Members may create a voting trust if memberships are transferable under section 10-3611 and the articles or bylaws do not provide otherwise.
United States — Arizona
1 provisions
Two or more members may sign a voting agreement about how they will vote, and it is specifically enforceable unless the agreement says otherwise.
United States — Arizona
1 provisions
Member agreements that meet this section can be effective even if they conflict with other corporate law provisions, but they must be documented and handled in the ways this section requires.
United States — Arizona
1 provisions
Every corporation must have a board of directors.
United States — Arizona
1 provisions
Articles of incorporation or bylaws may set director qualifications. A director does not have to be a state resident or corporation member unless those documents require it.
United States — Arizona
1 provisions
A board of directors must have at least one individual, and its size must be set under the articles of incorporation or bylaws.
United States — Arizona
1 provisions
This section says who elects, appoints, or designates directors, depending on whether the corporation has members and what the articles or bylaws say.
United States — Arizona
1 provisions
This section says how long directors serve, when initial directors’ terms end, and that directors generally stay in office until a successor qualifies or the director leaves office.
United States — Arizona
1 provisions
The articles of incorporation or bylaws may set staggered directors’ terms by splitting directors into two or more groups.
United States — Arizona
1 provisions
A director may resign by giving written notice, and the resignation is effective when the notice is delivered unless a later date or event is stated.
United States — Arizona
1 provisions
This section sets out when and how directors may be removed, including removal by members, by the board, or under procedures in the articles or bylaws.
United States — Arizona
1 provisions
This section lets an appointed director be removed by the person who appointed them, and requires written notice of the removal to be given.
United States — Arizona
1 provisions
A court may remove a corporate director if the statutory findings are met, and it may also bar the director from board service for up to five years.