Arizona Laws 10-2004. Articles of incorporation; amendments
A. Articles of incorporation shall be filed setting forth:
Terms Used In Arizona Laws 10-2004
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Articles of incorporation: means the original or restated articles of incorporation or articles of merger and all amendments to the articles of incorporation or merger and includes amended and restated articles of incorporation and articles of amendment and merger. See Arizona Laws 10-140
- Association: means a corporation organized under this article. See Arizona Laws 10-2001
- 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.
- Shares: means the units into which the proprietary interests in a corporation are divided. See Arizona Laws 10-140
- Vote: includes authorization by written ballot and written consent. See Arizona Laws 10-3140
- Writing: includes printing. See Arizona Laws 1-215
1. The name of the association.
2. The purposes for which it is formed.
3. The place where its principal business will be transacted.
4. The term for which it is to exist.
5. The number of directors thereof, which shall not be less than five, and their term of office.
6. A statement indicating whether the association will be a for-profit association or a nonprofit association.
7. If the association will be a for-profit association and will have capital stock, a statement indicating the number of shares that the association is authorized to issue.
B. The articles shall be subscribed and filed in accordance with the provisions of general corporation law.
C. The articles of incorporation may be altered or amended at a regular meeting, or at a special meeting called for that purpose, by the affirmative vote of a majority of the active members of the association, and on at least thirty days’ notice in writing of the proposed alteration or amendment. Amendments to the articles when adopted shall be filed as required by law.