ARS § 10-622
A purchaser of a corporation’s own shares is generally not liable for those shares, except that full consideration may still have to be paid. Shareholders are also not personally liable for the corporation’s acts or debts.
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- Jurisdiction
- United States — Arizona
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Updated
- Official source
- View official record ↗
share consideration share subscription shareholder liability
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ARS § 10-622
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