United States — Arizona
ARS § 10-3854
1 provisions
A director in a proceeding may ask a court for indemnification or expense advances, and the court may order them if the statutory conditions are met.
Act or statute Open & Chat
United States — Arizona Statutes
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United States — Arizona
ARS § 10-3855
1 provisions
A corporation cannot indemnify a director unless a case-specific determination says indemnification is permissible and the director met the section 10-3851 conduct standard.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-3856
1 provisions
A corporation may indemnify and advance expenses for an officer in a proceeding, subject to listed limits; a non-director officer is also entitled to mandatory indemnification and may ask a court for indemnification or expenses.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-3857
1 provisions
A corporation may buy and keep insurance for certain current or former directors and officers, including people serving at the corporation’s request in listed roles for another entity.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-3858
1 provisions
A corporation may reimburse a director’s witness expenses in a proceeding when the director has not been named as a defendant or respondent, and it may also indemnify, advance expenses, or maintain insurance for an employee or agent. Any indemnification or expense-advance provision is valid only if it matches this arti
Act or statute Open & ChatUnited States — Arizona
ARS § 10-3860
1 provisions
This section defines key terms used in the article, including conflicting interest, director’s conflicting interest transaction, related person, required disclosure, and time of commitment.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-3861
1 provisions
A person trying to block or recover damages for a director’s conflicting-interest transaction must first prove, by clear and convincing evidence, that subsection B does not apply.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-3862
1 provisions
A transaction can count as effective if enough qualified directors vote for it, and certain conflicted directors may have limited disclosure-and-recusal rules.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-3863
1 provisions
Members’ action on a transaction is effective only if a majority of qualified membership votes supports it after notice and required disclosures.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-3864
1 provisions
A corporation’s board of directors must adopt a conflict-of-interest policy for transactions with interested persons, subject to listed exemptions.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-401
1 provisions
Corporate names must include certain words, avoid misleading or restricted terms, and be distinguishable from listed names unless an exception applies.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-402
1 provisions
A person may reserve a corporate name by filing an application with the commission; the applicant or an authorized agent must sign the application and include required names and addresses.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-403
1 provisions
A foreign corporation may register its corporate name if it is distinguishable on the commission’s records and the required filing materials are submitted.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-501
1 provisions
Each corporation must continuously keep both a known place of business in the state and a statutory agent.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-502
1 provisions
A corporation may file a statement to change its known place of business or statutory agent; the filing is effective when delivered to the commission.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-503
1 provisions
A statutory agent may resign by filing a signed original resignation statement with the commission, and must notify the corporation in writing.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-504
1 provisions
This section explains how process, notice, or demand may be served on a corporation, including service through its statutory agent or, if no agent is maintained, through the commission.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-601
1 provisions
The articles of incorporation must set out share classes, their numbers, and related rights; they may also authorize special voting, redemption/conversion, and distribution preferences.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-602
1 provisions
The board may set terms for a class or series of shares if the articles allow it, and the corporation must file a statement before issuing those shares.
Act or statute Open & ChatUnited States — Arizona
ARS § 10-603
1 provisions
A corporation may issue the number of shares authorized by its articles of incorporation, and issued shares remain outstanding until reacquired, redeemed, converted, or canceled.
Act or statute Open & Chat