The secretary shall keep:

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Terms Used In Arizona Laws 40-805

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.

1. A record of the meetings of stockholders and directors, of all contracts entered into by the board of directors, and of the assets and liabilities of the corporation.

2. A stock ledger showing the names and residences of all stockholders, the shares held by each and the actual cash paid therefor.

3. A stock transfer book.

4. Other books necessary to show fully the corporate transactions.