Arizona Laws 10-2019. Annual reports
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The association shall make an annual report on forms furnished by the corporation commission, containing a general statement of its business during the fiscal year showing:
Terms Used In Arizona Laws 10-2019
- Association: means a corporation organized under this article. See Arizona Laws 10-2001
- Commission: means the Arizona corporation commission. See Arizona Laws 10-140
- 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.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Membership: refers to the rights and obligations a member or members have pursuant to a corporation's articles of incorporation and bylaws and chapters 24 through 40 of this title. See Arizona Laws 10-3140
1. The number of members and amount of membership fees received.
2. The total expense of operations.
3. Its indebtedness or liabilities, and its balance sheets.